Bad news to everybody... "Yet just as the number of graduates keeps soaring, China’s economy is decelerating. China’s GDP registered 7.7% growth, year on year, during the first three months of 2013, 0.2% lower than in the final quarter last year. Growth that’s just a shade under 8% might sound mighty impressive to many economies struggling with recession, but China, as its leaders have repeatedly stressed, needs such buoyant numbers just to keep its head above water economically."
Posted on: Sat, 06 Jul 2013 06:17:25 +0000
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