The giant China will grow at a slower pace during 2012. That’s the government forecast, news that has not finished convince investors and led to major stock markets in Asia to be left about 1%. But what some consider it bad news,others think that the new forecast of 7.5% from a roof can be valued as a soil,as directed by Jose Luis Martinez Campuzano, a strategist at Citi for Spain.
The main causes that point to a lower target for the year, the lowest since2004, are due to the dependence on exports and the sharp rise of oil. To avoid this situation, the Asian country leaders advocate a change of economic modelwhere domestic demand has more weight as well as energy conservation andinnovation.
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