China growth forecast to slide more

Note: This section contains information in English only.
Source: Bloomberg
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 the forecast GDP growth at 7.5% in 2012.

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