Slowdown fears higher than before
By Xin Zhiming | China Daily | Updated: 2008-09-23 07:55
Chinese entrepreneurs and bankers are concerned about a domestic economic slowdown more than before, according to a quarterly survey by the central bank in the third quarter.
Consumers, meanwhile, are showing weakening inflation expectations in the fourth quarter.
A survey of about 5,000 businesspeople show they have higher expectation of an economic slowdown, the People's Bank of China said in a statement on its website.
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