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China's GDP slows down to 7.5% By TII News Service Jul 15, 2013 , New Delhi
HERE comes bad news for the world economy. China's GDP has slided to 7.5% in April-June quarter. Experts now expect that the Beijing may pump in more cash in the economy and speed up the policy reforms to keep the economy on rail. With the latest data coming in, many investment banks have lowered their growth projections for China. Barclays has stated that China will narrowly miss the target. JP Morgan has reduced the growth prospects from 7.6% to 7.4%.

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