China will expand 8.3% this year, forecasts S&P, exceeding China's own estimate of 7.5%...

|By:, SA News Editor

China will expand 8.3% this year, forecasts S&P, exceeding China's own estimate of 7.5% growth. Potential negative developments in the eurozone and Middle East provide downside risk, but China should benefit from "local governments' penchant for growth and policymakers' increasing support to small and midsize enterprises."