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    Digits of the Day - Energy Demand

    53% the global increase in demand for energy between 2008 and 2035 according to United States government projections

    The New York Times

    0.1 percentage points - the amount by which the International Monetary Fund reduced its forecast for Chinese GDP growth in 2011 

     The IMF now expects China's economy to expand by 9.5% this year, compared to its forecast of 9.6% in June. The Washington-based lender also cut its forecast for 2012 growth to 9% from 9.5%. 

    The fund cited policy tightening and moderating external demand, but said that a stronger yuan should help to contain inflation and rebalance the economy.

    Bloomberg

    $500,000 the sum awarded to the New Yorker's former Beijing correspondent Peter Hessler for being a 'genius'. He was one of 22 Americans to receive the unconditional grants from the John D. and Catherine T. MacArthur Foundation.

    Reuters

     

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