China A Harbinger For Global Slowdown

by news on January 15, 2012

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China A Harbinger For Global Slowdown

Reuters: Data on Tuesday is expected to show growth in China, the world’s second-largest economy, cooled in the fourth quarter to 8.7 percent from a year earlier, against 9.1 percent in the prior quarter. It would be the slowest pace of growth since mid-2009 when the global economy was crawling out of a deep recession. The biggest question is how much of the slowdown can be blamed on slackening worldwide demand for China’s exports and how much on weakening domestic growth.

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