Follow the economic signposts
By Ed Zhang | China Daily | Updated: 2015-07-06 07:03
Perhaps surprisingly, China's economy has persisted until the middle of 2015, despite all the forecasts of its collapse at the beginning of the year. In fact, with all its chronic symptoms, the size of the economy, and its diversity on corporate and individual levels, can help it do many things at a time when it seems nothing can be done, such as to overcome its existing problems bit by bit, and build up new momentum for the future.
There is already an indication that the growth rate may not remain as questionable an issue.
In all likelihood, the economy's slowdown will bottom out in the fourth quarter of the year. And a 7 percent annual growth in GDP is within range.
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