China's economic growth 'could slip'
29-01-2009
An adviser to China's central bank says the country's economic growth in coming years could slip to seven percent or less a year. However, the adviser Fan Gang and his two co-authors said China's economy could grow at an average nine percent annually until 2020 if it sheds growing government costs and lifts consumer spending. Their findings were published in the January issue of the Chinese-language Economic Research Journal.
