Dear Students
Source: Elaine Kurtenbach, AP Business Writer, On Monday April 12, 2010, 6:30 am EDT

SHANGHAI (AP) — General Motors Co. said Monday demand in China is so strong that the company’s annual sales may top 2 million vehicles this year — four years ahead of schedule — and could exceed 3 million by 2015.

The American economy appears to be in a cyclical recovery that is gaining strength. Firms have begun to hire and consumer spending seems to be accelerating.

That is what usually happens after particularly sharp recessions, so it is surprising that many commentators, whether economists or politicians, seem to doubt that such a thing could possibly be happening.