17-01-15 17:07 pm – Source: Reuters
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The Chinese economy this year showing a stronger growth than is widely adopted. A key adviser to the Chinese central bank expects 7.3 percent growth for 2015, reported state news agency Xinhua today.
Many analysts, including those of the Japanese bank Nomura, going through the bank taken from a rate of 7.1 percent.
China, according to the expert who works at a major Chinese think tank, however, benefit from falling commodity prices. He refers in particular to the substantial sagging price of crude oil.
Both figures nevertheless indicated by the lowest growth rate since 1990. The Chinese government has no growth in 2014 brought out yet. Officially, the government is aiming still at 7.5 percent, but the first three quarters, the volume of the economy “only” by 7.4 percent.
A major cause of China’s economic slowdown growth is the continuing decline in real estate investment
. (Edited by: editorial)
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