Slow Down of Chinas Economic Growth
China economic growth is seen as a driver of the global economy.Slow economic growth in china is a major concern for investors around the world.
China’s economy growth has recorded 7.3% in the year 2014 and 6.9% in the year 2015.This indicates slowest economic growth.Beijing had set an official growth target of “about 7%” for the world’s second-largest economy.Chinese Premier Li Keqiang has said weaker growth would be acceptable as long as enough new jobs were created.
China’s growth, seen as a driver of the global economy, is a major concern for investors around the world.
But some observers say its growth is actually much weaker than official data suggests, though Beijing denies numbers are being inflated.