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'China economy not to face post-Olympic blues'

Agencies

Posted: Tuesday, Aug 19, 2008 at 0950 hrs IST
Updated: Tuesday, Aug 19, 2008 at 0950 hrs IST


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Beijing, August 19:: Wang said.

Earlier, the Chinese central government said it would strive to maintain a stable and fast economic growth while curbing inflation.

The country, especially its exports sector, has already felt the pinch of a falling growth rate and rising costs of labour and raw materials. More than 67,000 small- and medium-sized enterprises have reportedly had to shut down in the first half.

"Growth is likely to slow after the Olympics" but not because the Games would be over, Wang Tao, an economist with UBS Securities, said....

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