Mon, 14 Nov 2011 08:29:49 GMT
Global downturn slows down China’s growth rate
Major consumers of China's exports are exposed to economic
problems due to debt crisis in the Eurozone and unemployment in US. China's exports
are falling causing decrease in the country's growth pace. China's annual growth
rate is likely to be about 8% in the next 10 years as compared to more than 10%
in the previous years, said Li Yang, vice president of the