The World Bank on 14 June 2013 slashed its growth forecast for China's economy for 2013 to 7.7 percent from 8.4 percent. In its report, the World Bank stated that the main risk related to China remains the possibility that high investment rates prove unsustainable, provoking a disorderly unwinding and sharp economic slowdown. The projection is lower than the 7.8 percent expansion the country recorded in 2012, which was its weakest in 13 years.
I think these predictions will all time go in favor of China as per it's market value. What you all guys think?? Share with us.
Advert.