Experts: Bright times ahead for Sino-US trade and investment
By Jack Freifelder in New York | China Daily | Updated: 2014-10-09 07:55
Though the International Monetary Fund has lowered its growth forecast for China, economic experts believe that the country still has enough opportunities to boost bilateral trade with the United States.
On Tuesday, the IMF released its October 2014 World Economic Outlook report, which estimates that the economic growth in China during the fourth quarter of 2014 will slow to 7.4 percent and hover around 7.1 percent in 2015 as the country "makes the transition to a more sustainable growth".
China's economy has worked to recover from a poor start in 2014 and the government has indicated it is prepared to accept slower growth as it tries to wean the economy away from a dependence on investment and exports.
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