[Beijing, July 21. Image via Getty]

A woman walks past an advertising billboard for new housing developments in Beijing on July 21, 2009. China's economy grew 7.9 percent in the second quarter of 2009, the government announced last week, in a stunning turnaround for the Asian powerhouse that offered some hope for the rest of the world, however, analysts have cautioned that immediate and direct benefits would be limited to countries that import heavily into China, chiefly resource-rich exporters and neighbouring nations in Asia. China's urban fixed asset investments, a measure of government spending on infrastructure, rose 33.6 percent in the first half of 2009 compared with the same period a year earlier. AFP PHOTO/Frederic J. BROWN (Photo credit should read FREDERIC J. BROWN/AFP/Getty Images)