World Bank says Chinese economy not over-heating

Chief of the economics unit of the World Bank's Beijing office, Bert Hofman denied that the Chinese economy is overheating, saying that he expects 9.2 per cent to 9.3 per cent growth for China, "which is by and large a good thing."

"I don't think China can complain with 2004," said the economist in an interview with Xinhua.

"We don't like calling it overheating, simply because there hasn't been much inflation." Inflation in China has been going up a little bit but by and large due to higher wo