Best bang for the investment buck
By Mike Bastin | China Daily | Updated: 2015-01-19 07:44
Growth in fellow BRICS members and the new MINT bloc pale in comparison to that of China
In early December, the Chinese government appeared to acknowledge publicly that the economy is set for a fairly prolonged period of relatively slower growth. Last year's GDP figures are expected to reach somewhere in the region of 7.5 percent and this year's growth forecast is closer still to 7 percent.
But this modest slowdown needs to be put into perspective and the benefits, such as more sustainable growth, need to be highlighted and appreciated by those dithering over potential or continued investment in the now supposedly fragile Chinese economy.
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