Translation from English

Wednesday, May 14, 2014

Chinese Slowdown- BBC

Why China's slowdown may be good news

TO SEE VIDEO:

http://www.bbc.com/news/business-27385096

 

13 May 2014 Last updated at 01:31 BST
China's economy, the world's second-largest, has been a key engine of global growth in recent years.
Its fast-paced expansion has especially benefitted countries like Australia - which rely heavily on exports of commodities such as iron ore.
But China's growth rate has been slowing down and some have worried about what impact that may have on regional as well as global economies.
However, Mark Williams from Capital Economics told the BBC's Rico Hizon that fears of a sharp slowdown in China were "overdone" and that slower growth in the country may actually be good news.
Watch more reports on Asia Business Report's website.

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