Sunday, February 1, 2015

Fwd: China

'China's economy grew at its slowest pace in 24 years in 2014 as property prices cooled and companies and local governments struggled under heavy debt burdens, keeping pressure on Beijing to take aggressive steps to avoid a sharper downturn.

For investors worried about growth in China and the world this year, the data poses two questions:

Will the soft numbers and expectations of further weakness force the central bank to pump hundreds of billions of dollars into banks system-wide to prop up growth? And if so, what does that mean for Beijing's attempts to reform its economy?'

http://www.theglobeandmail.com/report-on-business/chinas-2014-economic-growth-misses-target-hits-24-year-low/article22532444/


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