China's economic growth to decline in 2012

China's economic growth is expected to decrease by approximately 8.5% in 2012 but only in case the Euro Zone crisis does not evolve into world's recession, according to senior economist. China's emerging market is closely connected to developed economies and dismal situation on the Western markets impacts nation's economy. Chinese export growth is expected to shrink to 10% next year as compared to 20% in 2011, while investment in fixed assets is likely to see 0.4% decline in 2012.