Growth in China reaches 13-year high

China's economy has expanded by 11.4% over the past year, reaching its fastest growth rate in 13 years, officials at the National Statistics Bureau have announced.

Increased exports, along with a boom in building and infrastructure projects, helped the rapid expansion during 2007. However, officials
warned that overheating of the economy is still a danger. Inflation is also a concern, particularly given recent dramatic food-price

Despite its growing wealth, China’s per-capita income is low and the country still has a large number of poor people struggling with the
cost of daily essentials, such as pork. The government has introduced a range of price controls recently, aimed at bring the cost of such
goods under control.

Dramatic price rises in the past have led to social unrest and Beijing cannot afford for its millions of poor to go hungry.

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