Improving Chinese economy could lead worldwide recovery

The Chinese economy is showing signs it could be the first major player to return to a healthy outlook, writes Mairtin O’Riada in Beijing

2nd May, 2009

Promising new economic data from Beijing, coupled with a surge in manufacturing activity, has sparked optimism that China will lead the global economy on the path to recovery.

Even though results for the first quarter of this year showed China’s GDP growth dipping to just 6.1 per cent - down from 13 per cent two years ago and now at its lowest in almost two decades - observers are increasingly confident that the world’s third-largest...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago