Slow Down of Chinas Economic Growth

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.