The International Herald Tribune reports that slow growth, lowered estimates of home purchases and export orders is leading to a weakened confidence in the Chinese economy.
China’s economy is slowing according to a survey released by the government Tuesday. The survey, which asked 5,000 businesspeople, 2,900 bank managers, and 20,000 Chinese, found that 40 percent of respondents expect China’s inflation rate to increase.
China’s growth is expected
September 23, 2008