China's economic growth seen above 11pc in Q4

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SHANGHAI, Nov 12 (AFP): China's economic growth is likely to maintain a feverish pace of more than 11 percent in the fourth quarter, state media reported today, citing a government think tank.
The economy is expected to expand 11.2 per cent in the last three months of 2007, slowing only slightly from 11.5 per cent in the previous quarter, the China Securities Journal reported.
The consumer inflation rate is likely to grow 5.9 per cent in the fourth quarter, compared with 4.1 per cent for the first nine months of the year, the State Information Centre, a think tank, said according to the paper. "Since economic growth remains at high levels, the basic direction of macroeconomic policy should continue to focus on preventing overheating," the report said.