Economy - Voice of America: Economic Slowdown Challenge to China's Leadership

Economy - Voice of America economy-and-business

Economic Slowdown Challenge to China's Leadership May 28th 2012, 12:48 Recent economic data from China indicate that exports, real estate and investment, traditionally the bulk of China's growth, have slowed down considerably, putting pressure on the country to come up with ways to steer its economy toward more sustainable growth levels. After decades of double digit growth, the World Bank lowered China's economic growth in 2012 to 8.2 percent. While the rate is higher than the government target of 7.5 percent, it is one percent lower than the 2011 ... Media files: 5D8F98BA-F500-4D3E-BC29-FFA359D6756C_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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