Chinese government efforts to arrest a slowdown in the economy by expanding credit and fiscal spending seem to have worked, putting the country on track to once again reach this year’s official growth target. The world’s second-largest economy grew at a rate of 6.7% in the third quarter, the same as the previous two quarters, […]
Two days before the annual World Economic Forum started, China announced its lowest growth rate in 24 years. Yet Chinese policy makers and business leaders at Davos didn’t seem too worried about the slowdown.
China’s economy grew 7.9% in the final quarter of 2012, up from 7.4% in the third quarter, suggesting Chinese growth is likely to stabilize around 8% this year after a more than two-year slowdown. Analysts weigh in.
China’s economic growth slowed once again, dipping to 7.5% in the second quarter and reinforcing widespread concerns that the world’s second-largest economy could be facing a long-term deceleration. Analysts give their take.
A couple of months ago, there were signs that China's economy was back on track – exports were doing well, growth hit the government's 7.5% target in the second quarter, and it seemed that a slump in the real-estate sector would be ...