China still holds a significant trade surplus -- $ 196 billion -- though the surplus slipped more than 34 percent . Beijing 's economy grew by 10.7 percent in 2009 , according to First American Funds . China 's 2009 growth alone surged to 8.7 percent on an annualized basis . But concerns are rising of a growing property bubble in China .
Beijing 's economy grew by 10.7 percent in 2009 , according to First American Funds . China 's 2009 growth alone surged to 8.7 percent on an annualized basis . But concerns are rising of a growing property bubble in China .