Sentence examples for double-digit expansion from inspiring English sources
While double-digit expansion has been the norm for the past five years, Pan expects the next target to be 8 or 9%.
After years of double-digit expansion rates, the economy has now settled into a slower pace of growth of around 7.5 percent this year.
The economy expanded 8.1 percent compared to a year earlier, significantly slower than previous quarters, and a sharp cooldown from the double-digit expansion seen in much of the last decade.
While China's growth has slowed a bit recently, its economy is still projected to surge by about 10 percent this year, continuing a remarkable three-decade streak of double-digit expansion.
The export number represented the third consecutive month of double-digit expansion, as demand from overseas was buoyed by a weaker rupee, which has helped make Indian goods cheaper for purchasers outside the country.
China is putting its own brakes on the economy with reforms that are likely to ensure that the double-digit expansion rates of much of the last three decades are over.
It would be a surprise if the year ended without double-digit lending expansion.
Companies that had become used to double-digit GDP expansion must make do with 7.5% this year, if the official target is met.
Beijing released gross domestic product data for the July-September quarter on Thursday that confirmed what has been known for some time: that China's days of double-digit economic expansion had halted.
Some economists, like Ruchir Sharma, the managing director of emerging-market equities at Morgan Stanley, say that China has reached a level of prosperity at which its pace of growth will inevitably ratchet down from the nearly double-digit annual expansion it has enjoyed for the last three decades.
