World Bank raises China 2009 growth forecast but says too soon to say recovery on the way

BEIJING — The World Bank raised its 2009 economic growth forecast for China from 6.5 percent to 7.2 percent due to its stimulus-driven investment boom but cautioned Thursday it was too soon to say a sustained recovery was on the way.

World Bank raises 2009 China’s economic growth forecast from 6.5 percent to 7.2 percent

BEIJING — The World Bank is raising its 2009 growth forecast for China due to the country’s stimulus-driven investment boom.