China

Economy Slows, but Stays Strong China’s economy is forecast to slow slightly in 2007, but the country’s growth rates are still the envy of the world. The Chinese government has been trying to apply the brakes to the economy for the last two years, using fiscal and monetary measures, to prevent the economy from overheating. The strategy has had limited success so far with GDP growth rates steadfastly remaining in double digits. That could change in 2007, however, when the combined effect of economic measures and a gradually appreciating Chinese...

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