China lowers 2015 growth estimate to 7%; in 2014 expansion was the slowest in 24 years

Friday, March 6th 2015 - 18:21 UTC

Full article 9 comments

Shares in China fell after the country's government set its official growth target at 7% for this year. The rate is lower than last year's target of 7.5%, which China missed after it grew at the slowest pace in 24 years. The Shanghai Composite closed down 1% at 3,248.48, while Hong Kong's Hang Seng ended 1.1% lower at 24,193.04. Read full article

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reality check
Hmm! What about the projected economic growth through investment in Argentina?

Surely they factored that in to the figures?
Mar 06th, 2015 - 06:30 pm - Link - Report abuse 0
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yankeeboy
When China implodes its going to be really ugly.

I snicker every time I see articles that confirm what I said and I went round and round with other posters on this board a year or two ago.
Mar 06th, 2015 - 07:04 pm - Link - Report abuse 0
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Briton
China perhaps is trying to expand to far to quickly ,

I think she will overstretch herself , and have to start withdrawing her expansionist ambitions,

all bubble burst or deflates in the end.
Mar 06th, 2015 - 08:11 pm - Link - Report abuse 0
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reality check
I wouldn't be so sure, China has been at this game for thousands of years. They were living in palaces when we were living in round houses. They always play the long game.
Mar 06th, 2015 - 08:22 pm - Link - Report abuse 0
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Briton
very true,
but they are homely people,
very rarely go beyond her borders,

it must be strange for them, bumping into the likes of some African leaders and CFK, poor sods.
Mar 06th, 2015 - 08:27 pm - Link - Report abuse 0
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reality check
Aye, but they must piss themselves laughing cos the other side don't have the slightest idea what fuck are saying.

I can see it now, some Chinese delegate saying, “Ask the silly looking bitch how much it will take to shut her the fuck up?”

The interpreter saying, “The Honorable Minister would like to know to what extent the People's Republic of China can assist the Republic of Argentina?”
Mar 06th, 2015 - 08:37 pm - Link - Report abuse 0
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Briton
ha ha .
Mar 06th, 2015 - 08:42 pm - Link - Report abuse 0
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yankeeboy
If they had private companies instead of SOE and SO Banks they'd already have imploded.
I don't think they can paper over this much longer.
They don't have enough U$ to support the YUAN when it all goes.
and it will
just hard to say when
but soon
Mar 06th, 2015 - 11:04 pm - Link - Report abuse 0
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ilsen
The YUAN is not a real currency because it it based on false premises. Unfortutately countries in Africa and LatAm are being sold the myth.
Mar 08th, 2015 - 06:23 am - Link - Report abuse 0
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