Monday, March 19, 2012

China must stop its economy being too dependent on exports and investment.
http://www.bbc.co.uk/news/business-17425356

Monday, March 5, 2012

After an annual parliamentary meeting on march 5th 2012, China have set an aim, to grow its economy by 7.5% for the future year. Unsurprisingly, this is a decrease of 1.7% from 2011 which sat at 9.2% of gross domestic product. China has also set an inflation target of around 4% similar to that of the 2011 target.
The change mirrors the government's focus towards economic restructuring and quality-of-life issues like the environment and income inequality, rather than singularly focusing on growth.