China Economy May Grow 9.4% in 2009 and Growth forecast up for India
Goldman Sachs Group Inc. raised its forecast for China’s economic growth this year to 9.4 percent, citing “strong momentum” and the likelihood that the government will delay tightening policy. Hong Kong-based economist Michael Buchanan said China may expand 11.9 percent in 2010. Economies in Asia excluding Japan will grow 5.6 percent this year, and 8.6 …