Chinese Economy Will Not Slow Down After 2008

DI (NEW DELHI)--Daily India News reports investments in Olympics-related projects are just 0.59 percent of China's annual investment. Lu Zheng, Chief of the Institute of Industrial Economics, which is attached to the Chinese Academy of Social Sciences, said the boost to the national economy should not be overvalued. "China will not be like Japan in 1964 and South Korea in 1988 and become a developed nation. Its industrialization and modernization are far from complete, even after Beijing holds the Olympic Games," Lu said.

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