ʺAs the credit crisis unfolded over the past year, one of the few certainties in the global economy seemed to be Chinaʹs ability to plough on regardless of double-digit growth rates...The ...crisis has also focused ...on the need to update a growth model that...is still dependent on assembling goods for export without adding much value and on heavy industries that create pollution. Chinese companies have continued to find new foreign markets for their products...several other factors point to a slowing property market...production of steel, cement and air conditioners was down... Retail sales have risen by 23 per cent in each of the last two monthsʺ.
Beijingʹs Burden,
-According to the article_________, are expected to contribute _________to Chinaʹs real GDP in 2008.

Question

Quizplus · Accepted Answer

The article states that Chinese companies have continued to find new foreign markets for their products (exports), and retail sales have risen by 23% in each of the last two months (consumption). Therefore, exports and consumption are expected to contribute positively to China's real GDP in 2008. The passage does not provide information to suggest that investment, government spending, rental income, or any other factors are expected to contribute significantly to China's GDP in 2008.

ʺAs the Credit Crisis Unfolded Over the Past Year, One