Identify the statement false of China's economic condition.
A) China's GDP has remained strong, maintaining at 11.5 percent growth in 2009
B) In the first quarter of 2010, China's GDP grew at a blistering 11.7 percent causing some concerns that the Chinese government has been unable to tap the breaks on this rapid growth
C) Trade relations between China and developed countries and regions, such as the United States and the EU, are lax
D) Massive savings glut in the corporate sector, the globalization of manufacturing networks are major challenges faced by China
Correct Answer:
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