China's economy picked up even more speed in the second quarter of this year, reaching an annual growth rate of 10.9%. This is likely to trigger tighter controls to slow things down, according to the state media.
The figure, published by the official Securities Times without giving sources, compares with 10.3% in the first quarter of 2006. In all of 2005, the economy had expanded by 9.9%.
'The central bank will not turn a blind eye to such high economic growth rates and inflation trends of this magnitude,' the newspaper said, citing unnamed analysts.
The growth figure could not be confirmed by the National Bureau of Statistics, the department in charge of releasing the official data, which is expected to be formally released next week. The government has targeted 8% growth for 2006.
