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Chinese Economy Slowing

Thu 01 Sep 11 | 04:40 AM ET
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Chinese Economy Slowing

Thu 01 Sep 11 | 04:40 AM ET
"On one hand export orders appear to be falling but on the other hand production seems to be rising so where is the production going? Obviously it's going into internal demand. This is in line with China's five year plan promoting more internal consumption which seems to be taking effect but it's not going to happen overnight. But this is a very positive trend China's economy is slowing, there's no doubt about that, but it's slowing out of choice, Andrew Leung, founder at Andrew Leung International Consultants told CNBC.
 
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