Lucky no. 8: China strives to reach its growth goal

Wednesday, March 18, 2009

In China, the number 8 means luck. And the Chinese government has been insisting that the economy will grow no less than 8% this year, but the impact of the global economic slowdown is starting to effect China. Now the World Bank estimates China's growth figure for this year will be closer to 6.5%, which isn't lucky at all. Particularly since many analysts say 8% is the threshold growth China needs in order to stave off political unrest. For more, The Takeaway talks to Quentin Somerville, the BBC's correspondent in Beijing.

For another look at the importance of the number 8, watch the classic Schoolhouse Rock song "Figure Eight."

Guests:

Quentin Somerville

Hosted by:

Farai Chideya

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.