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China’s Economic Growth Is to Fall

China’s Economic Growth Is to Fall
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摘要 The result of the macroeconomic climate index, released by the National Bureau of Statistics (NBS) on May 29, showed that in April the index remained stable for the fourth consecutive month. This contrasts with the four months from September 2007 onwards, when the index showed an "in-creasing" trend. Are the four "stable" indices after four "increasing" ones indications that China’s macroeconomy is moving "from a relatively fast growth to overheating?" When interviewed by China Economic Weekly, Xu Xianchun, Deputy Commissioner with the NBS, said that the Chinese economy is likely to enter a period of adjustment. In the next few years, China’s economic growth will drop gradually. The result of the macroeconomic climate index, released by the National Bureau of Statistics (NBS) on May 29, showed that in April the index remained stable for the fourth consecutive month. This contrasts with the four months from September 2007 onwards, when the index showed an "in-creasing" trend. Are the four "stable" indices after four "increasing" ones indications that China’s macroeconomy is moving "from a relatively fast growth to overheating?" When interviewed by China Economic Weekly, Xu Xianchun, Deputy Commissioner with the NBS, said that the Chinese economy is likely to enter a period of adjustment. In the next few years, China’s economic growth will drop gradually.
出处 《Beijing Review》 2008年第25期36-37,共2页 北京周报(英文版)
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