China's economy suffers 'sharp slowdown'
May 25, 2012 8:40:20 GMT -5
Post by popcorn on May 25, 2012 8:40:20 GMT -5
China's economy suffers 'sharp slowdown' 
'Clearly the economy is much, much weaker than most people thought until recently ... They have a real mess on their hands'
XI’AN, China — A nationwide real estate downturn, stalling exports and declining consumer confidence have produced what a Chinese cabinet adviser, quoted on the official government Web site on Thursday, characterized as a “sharp slowdown in the economy.”
www.msnbc.msn.com/id/47561828/ns/business-us_business/
'Clearly the economy is much, much weaker than most people thought until recently ... They have a real mess on their hands'
XI’AN, China — A nationwide real estate downturn, stalling exports and declining consumer confidence have produced what a Chinese cabinet adviser, quoted on the official government Web site on Thursday, characterized as a “sharp slowdown in the economy.”
www.msnbc.msn.com/id/47561828/ns/business-us_business/