Word: jiantang
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...clout at home and abroad as other major world economies still grapple with slow recoveries. "Those measures quickly produced results and stopped the remarkable decline in our economic growth, and China thus became the first to, on the whole, achieve recovery and stabilization in its economy," said Ma Jiantang, director of the National Bureau of Statistics...
...mean cash-strapped shoppers in the U.S. and Europe will exercise their credit cards. HSBC estimates China's exports could contract by as much as 19% in the first quarter of 2009. "The international financial crisis is deepening and spreading, with continuing negative impact on the domestic economy," Ma Jiantang, the head of China's statistics bureau, told reporters...