General World News

Don't Worry, China Will Keep Growing

china night

BEIJING — The coming crash of the Chinese economy has reemerged as a popular view in the global media. The reason for such a prediction this time is the persistent deceleration of China’s growth after 2010. The growth rate dropped from 10.6 percent in 2010 to 7.3 percent in 2014 and further down to 6.9 percent in 2015, which is the lowest record in 25 years. It is the first time that China has experienced such an extended period of deceleration after the transition to a market economy in 1979.

The downward pressure continues to be huge. read more >>>

Source : HuffingtonPost.Com