Monday, October 15, 2012

Talking Points: GDP slowdown





Any landing you walk away from is a good one, but does that apply to China? It's an important question as the country risks a deep economic slowdown. The consensus view now holds that growth will be 7.7 per cent for 2012. Yet the definition of a "hard landing" is a moving target. Two years ago, it was defined as less than 8 per cent growth.


Since then, it switched to growth of less than 7 per cent and even 6 per cent expansion, or growth last seen during the Lehman crisis.









via Business feed http://www.scmp.com/business/economy/article/1059624/talking-points-gdp-slowdown

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