China will be able to avoid a sharp downturn, says Tim Condon, head of research, Asia at ING Financial Markets. He believes China's domestic demand will pick up in the second-half of 2008. CNBC's Martin Soong finds out more.

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Checking Market Pulse: Down Day Thu 23 May 13 \| 10:11 AM	April New Home Sales Rise 2.3 Percent Thu 23 May 13 \| 10:00 AM	Cramer's Six in 60: DWRE, STX, DLTR, TGT, DSX, ECOM Thu 23 May 13 \| 09:55 AM	ChannelAdvisor CEO on IPO Thu 23 May 13 \| 09:52 AM	Japan Bond Yields Spike Thu 23 May 13 \| 09:41 AM
Cramer's Mad Dash: RUE Thu 23 May 13 \| 09:28 AM	HP's Whitman: Revenue Growth Possible in 2014 Thu 23 May 13 \| 09:15 AM	Thursday's Market Roadmap Thu 23 May 13 \| 09:00 AM	Cramer's Stocks to Watch Thu 23 May 13 \| 08:50 AM	Bears Keep Saying 'We're Finally Here': Pro Thu 23 May 13 \| 08:45 AM
US Weekly Jobless Claims Fall to 340,000 Thu 23 May 13 \| 08:30 AM	Cantor: We Need Answers in IRS Situation Thu 23 May 13 \| 08:12 AM	'Trendless, Sideless Market' in Second Half: Pro Thu 23 May 13 \| 08:00 AM	Sen. Johnson on Scrapping the Tax Code Thu 23 May 13 \| 07:30 AM	JPMorgan Board Member: Lessons Learned Thu 23 May 13 \| 07:16 AM
Reading the Fed's Smoke Signals Thu 23 May 13 \| 07:00 AM	Global Markets Slump Thu 23 May 13 \| 06:30 AM	US Futures Signal Lower Open Thu 23 May 13 \| 06:14 AM	US Stimulus Concerns Rattle European Shares Thu 23 May 13 \| 06:10 AM	Pre-Market Report: What You Need to Know Thu 23 May 13 \| 06:00 AM
Ralph Lauren Doing Very Well: Pro Thu 23 May 13 \| 05:50 AM	Markets Looking for Excuse to Take Profits: Pro Thu 23 May 13 \| 05:45 AM	UK Start-Up Quill to Get $1 Million Investment Thu 23 May 13 \| 05:20 AM	Still Case for 'Easy Monetary Policy': BoE Member Thu 23 May 13 \| 05:00 AM	Japan in Big 'Monetary Experiment': BoE Member Thu 23 May 13 \| 04:55 AM
Were London Killers Acting Alone? Thu 23 May 13 \| 04:20 AM	Europe Is Still in a Downturn: Economist Thu 23 May 13 \| 04:00 AM	Man Knifed to Death in Suspected London Terror Attack Thu 23 May 13 \| 03:50 AM	We Have a Lot of Pricing Power: TGS CEO Thu 23 May 13 \| 03:30 AM	Market Will Pull Back When Fed Tapers: Pro Thu 23 May 13 \| 03:15 AM

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China Expected to Avoid Sharp Downturn

China Expected to Avoid Sharp Downturn

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