Vote!

"China Growth Seen at 13-Year Low..."

"China’s slowdown may deepen as policy makers unwind the excesses of a record credit boom while only gradually increasing stimulus, leaving 2012 growth at the weakest in 13 years...Pimco sees Chinese growth this year in the “mid-7 percent range,” a pace unseen since 1999. A more measured pace of stimulus now than the record fiscal package and lending boom of 2009 may help reduce the risk of an eventual credit bust. China’s central bank has so far held off on lowering interest rates, opting May 12 to execute the third...

read more...

Published By: Hartzman's Inquisition - Monday, 14 May, 2012