China is coping with downturn

Summary


China expects to return a growth rate of between 6.5 per cent and seven per cent this year. No matter that this is a significant climb- down from the double digit rates of the past few years - in a world of barely positive growth, this is really impressive.

However, the real questions are, will it last and is it enough? The manufacturing sector accounts for over 40 per cent of China's GDP.

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Extract


China is coping with downturn

However, just as in other countries, the sector in China has been hit hard by the current economic climate to the point wh...

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