Business opportunities aplenty in nation, says expert

SAN FRANCISCO - Bright prospects still remain for companies and investors looking at China for growth opportunities, despite the slower growth rate, a top economic expert said.

China's gross domestic product grew by 6.3 percent in the first six months of this year on an annualized basis, the National Bureau of Statistics said on Monday.

The rate, which is significantly slower than the 9.4 percent a decade ago, in fact registered greater incremental expansion since the base today is 182 percent larger, said Andy Rothman, investment strategist at San Francisco-based investment firm Matthews Asia.