Tuesday, July 16, 2013

Slower growth raises rebalancing stakes





On a humid summer afternoon, roadbuilder Zhang Hongxin from rural Shaanxi province offered living proof of the country's increasingly urgent need to rebalance its economy towards domestic consumption and away from fragile foreign demand that yesterday was revealed to have dragged economic growth down to its lowest in a year in the second quarter.









via Business feed http://www.scmp.com/business/economy/article/1283509/slower-growth-raises-rebalancing-stakes

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