Chinese economy extended by 7.6%

Friday, 13 July 2012 04:52

Growth in China’s economy slowed down in the second quarter of 2012 to 7.6% GDP, the lowest rate for over three years – said the government in Beijing.
In the first three months of this year gross domestic product of China increased by 8.1%
For the period 2011-2015 government assumed an average increase 7% of GDP per year. According to forecasts by the private sector, China probably will fulfill the goal for this year.

Experts predict that the slowdown of the second world’s economy can have global consequences.