case study: China targeting 8% growth in 2010 At the beginning of 2010 theChinese government announced

that it was targeting 8% growth for the economy again,despite the global recession. The target

had been 8% for a number of years and the government had always met it. About 9% growth is

expected in 2010 thanks to huge government fiscal and monetary stimulus measures.

!he Chinese economy is thethird largest in the world forecasts for economic growth made by

the & International Monetary fund for 2010 included China 9.2%, UK 0.9%, Japan 1.7%, US 1.5%

and & India 6.4%. However, government officials in China recognized that growth wasnot

guaranteed. China relies heavily on e#ports and so is vulnerable to economic change elsewhere

in the world.

1. Could the government make the economy less reliant on exports?