China's rapid economic growth slows further (AP)

[AP] - China's rapid growth slowed in the latest quarter as Beijing steered its expansion to a more sustainable level, possibly cutting its contribution to a global recovery.

[AP] - China's rapid expansion slowed in the latest quarter as Beijing cooled a credit boom and tried to steer growth to a more sustainable level, possibly reducing its contribution to a global recovery.

[AP] - China's rapid expansion slowed in the latest quarter as Beijing cooled a credit boom and tried to steer growth to a more sustainable level, possibly reducing its contribution to a global recovery.

The newly elected Chinese Premier Li Keqiang, has admitted that his country will face huge challenges as it attempts to reduce economic growth through the implementation of new reform measures.The Chinese government is set to introduce its market reforms in order to generate a period of stable growth after the economic expansion abruptly slowed during the first quarter of this year, after more than a decade of rapid expansion.Li explained that “as the size of the Chinese economy expands, China’s economic development is entering a range…

AP - ECONOMIC GROWTH SLOWS: China's economic growth slowed in the latest quarter as Beijing steered its expansion to a more sustainable level.

Fated to a big trend slowdown? Israel Malkin and Mark M. Spiegel at the Federal Reserve Bank of San Francisco have just published an interesting Economic Letter: Many analysts have predicted that a Chinese economic slowdown is inevitable because the country is approaching the per capita income at which growth in other countries began to decelerate.