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Tags: China | growth | GDP | second quarter

LIGNET: China's Fuzzy Numbers Point to a Bigger Slowdown in Growth

Wednesday, 17 July 2013 02:56 PM

China’s announcement that it officially met its second-quarter growth target of 7.5 percent is questionable and several factors point to a much more dramatic slowdown in the growth of the Chinese economy. With analysts predicting that China’s gross domestic product will grow just 6.9 percent next year, down from double-digit growth between 2005 and 2007, there is growing skepticism that the global economy can rely on China to remain the growth engine it has been in the past. Absent structural reforms and a shift away from its overdependence on exports, it is likely that China’s economy will continue to struggle.

Click here to read the full report from top intelligence experts at LIGNET.com.


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GlobalTalk
China's announcement that it officially met its second-quarter growth target of 7.5 percent is questionable and several factors point to a much more dramatic slowdown in the growth of the Chinese economy. With analysts predicting that China's gross domestic product will...
China,growth,GDP,second quarter
113
2013-56-17
Wednesday, 17 July 2013 02:56 PM
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