Nobel winner says China growth may be understated

Nobel Prize laureate Robert Fogel said he is optimistic about China's sustained economic growth, predicting at least 8% growth for the next 35 years.

"China is likely to grow in GDP at 8 percent per annum or more for at least a generation, that is to 2040, and perhaps beyond that date," said Fogel, director of Center for Population Economics of the University of Chicago, during the 2005 Annual Conference of the Chinese Economists Society, a three-day event that ended in southwest China's

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