中国经济放缓 影响波及全球

choi

Alex Frangos and Eric Bellman, 中国经济放缓 影响波及全球. 华尔街日报中文版, July 15, 2013
http://cn.wsj.com/gb/20130715/ecb103642.asp

, which is translated from

Alex Frangos and Eric Bellman,  China Slump Ripples Globally; Slowed growth realigns industries and economies as Beijing switches strategies. Wall Street Journal, July 15, 2013 (front-page top article).
http://online.wsj.com/article/SB ... 05522275124956.html

Quote:

“China's second-quarter gross domestic product released early Monday [today, July 5]showed the economy expanded 7.5% from the year earlier * * * That matches the government's full-year growth target of 7.5%, a rate that would make this year the slowest since 1990.

“‘The truth is that the China resources boom is over,’ Australia's prime minister, Kevin Rudd, said Thursday in a speech.

My comment: It is not as if sky, or China, will collapse tomorrow. I always believe China’s economy is not as good as Beijing makes it out to be, but as bad (or good, depending on media) as the media portrays. No other nation can replace China as, say, assemblers of electronics, sneakers/shoes or clothing.