China's economy_ Defanging ..

China's economy_ Defanging .. - China's economy Defanging...

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About The Economist online About The Economist Media directory Staff books Career opportunities Contact us Subscribe [+] Site feedback Copyright © The Economist Newspaper Limited 2010. Al rights reserved. Advertising info Legal disclaimer Accessibility Privacy policy Help China's economy Defanging China's growth China is slowing. That’s good news Jul 15th 2010 DON’T paint a snake with legs, the Chinese will say, when someone is in danger of spoiling something by overdoing it. For months China’s policymakers have been trying to slow the country’s economy, which grew venomously in the year to the first quarter. The fear is that policymakers will overdo it, spoiling one of the rare sources of dynamism in a moribund world economy. There were few signs of that in the economic picture provided by the National Bureau of Statistics this week. China’s output grew by 10.3% in the year to the second quarter, the bureau said, slower than its growth in the previous quarter (11.9%), but not too much
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This note was uploaded on 06/09/2011 for the course ECON econ 1001 taught by Professor Wong during the Fall '09 term at HKU.

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