China 's economy grew by 10 percent in 2009 , according to the National Bureau of Statistics . China 's fourth quarter growth alone surged to 10.7 percent on an annualized basis . The sector was also hit by reports that China intends to slow the pace of lending this year in an attempt to get ahead of inflation . But concerns are rising of a property property bubble in China .
China 's economy grew by 10 percent in 2009 , according to the National Bureau of Statistics . China 's fourth quarter growth alone surged to 10.7 percent on an annualized basis . But concerns are rising of a property property bubble in China .