Furthermore, exports, which had been sluggish, saw double-digit month-onmonth growth in December, spurred by high-value-added products such as high-tech goods and electrical machinery, and turned positive on a year-on-year basis for the first time in 14 months.
In order to maintain robust growth, the Chinese government appears to have started to implement preemptive measures to cool down the overheating seen in part of the real estate market, as well as the surge in bank lending. Emerging economies, including China, are expected to maintain high growth for the time being.