China's economy set to grow 10%

AN OFFICIAL Chinese economic think tank has predicted the country's economy will grow by around 10 per cent this year.

The Centre for Forecasting Science predicted that first quarter growth equivalent to 11 per cent in the first three months of the year would slow slightly during the rest of 2010.

China has caused jitters in the commodity sector on rumours that the government may take action to stop the economy from overheating.