China’s GDP Growth Ranks 6th In Asia

CHINA’S GDP GROWTH RANKS 6TH IN ASIA

Comtex News Network, Inc.
April 11, 2006 Tuesday 10:47 AM Eastern Time

BEIJING

China saw its growth rate of gross domestic product (GDP) for 2005
reach 9.9% and take the sixth place in Asia, according to a report
released by Asian Development Bank (ADB) on April 6.

Azerbaijan ranked first with a record growth rate of 26.4%, buoyed
by production and export of crude oil and natural gas. Armenia and
Afghanistan took the second and third place respectively. Japan,
as a developed country, saw its GDP stand at 2.8%.

The economic growth prospect of developing countries in Asia relies
heavily on the three major economies here, namely, China, India
and South Korea, whose combined economic aggregate accounts for 66%
of the Asia’s total, revealed the chief economist with ADB.

ADB predicted China’s GDP grow by 9.5% in 2006. Previously, Mr. Qiu
Xiaohua, director of the National Bureau of Statistics of China, said
that the country’s growth rate of GDP is likely to hit 9% this year.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS