The Great Decline

If any major economy grew by nearly 7% a year, it would be seen as a triumph. In China, it is being seen as more evidence of deep problems.

On Tuesday, reports show that China has only grown by 6.9% in 2015, which is the slowest growth that the world’s second largest economy has seen in 25 years. So the question is how worried should we really be? The Chinese government has been telling people that they will not continue to grow always at a rapid place and they were defiantly right.

The world already seems to be getting used to a slower growing China, however China hopes to see a turn around relatively soon. For more details be sure to check out the videos above.