Mon, 23 Jul 2012 11:35:30 GMT
China growth forecast to slide more
World's second biggest economy is set to slowing growth in Q3, as a Central bank adviser forecasts a 7.4% growth this quarter.
S. Guoqing, a member of PBC monetary committee, expressed worries that the sliding consumer and producer prices may potentially harm ROI of production companies, thus reducing the inflow of FDI in future. The economy grew 7.6% in Q2, while Beijing holds