Xi: China's economy on a smooth, controlled slowdown

GMT 11:46 2013 Monday ,07 October

Arab Today, arab today Xi: China\'s economy on a smooth, controlled slowdown

Arab Today

China's economy is on a smooth and controlled slowdown, President Xi Jinping said on Monday, emphasising there was no reason to fear a hard landing. "The change... has on the whole been smooth," Xi told an Asia-Pacific business forum, after detailing the slowing of the world's second biggest economy from 2011. "Nothing has come as a surprise... the slowdown of the Chinese economy is an intended result of our own regulatory initiatives."

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