21.10.2013 - What will happen to China's trading hubs as its exports slow?
China’s government on Friday reported an increase of 7.8% in the country’s GDP in the third quarter, the latest in a world-beating expansion after three decades of economic reform. Yet export gains – once the country’s main growth engine – have turned modest; they actually declined by 0.3% in September from a year earlier. Increasingly, there are worries here about the country’s ability to maintain its export competitiveness in the face of rising costs and an appreciating currency...............................................Full Article: Source
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