In 2013, China appeared to grow by just over 7.5%, based on the reported data covering the first three quarters and consensus views for the fourth quarter. Most forecasts are for something similar in 2014.
It seems as though the days of persistent double-digit growth for China are behind us. This has led some to express thoughts that the Chinese miracle is over and for others to worry about the consequences for the rest of the world, which has benefited from the era of 10%-plus growth in China.
