Back in January this year, economists debated whether China's economy was becoming over-heated. But six months later, worries about too much growth have all but dissipated. Instead, the latest flurry of economic data suggests the world's second-largest economy is putting its foot on the brakes. Yin Hang breaks down the numbers.
Many financial institutions have given various predictions on the Chinese economy, but one conclusion remains the same...China's economic growth is pacing down.
Goldman Sachs has downgraded its forecast on China's economic growth to 9.4 percent, from 10 percent. And Credit Suisse says China's economy will grow at a rate of 8.8 percent this year.
"Judging by the situation right now, I believe China's economic growth is slowing down. But the deceleration is not rapid in speed. Demand growth is also easing as well."
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