China growth slowing down

China has year after year, gained ground in the global economy.

But now the giants of the East lost momentum

After steaming at quarter after quarter, China’s economy slows a bit.

During the second quarter, growth has escalated in the run rate down from 11.9 percent to 10.3 percent.

Analysts predict that the slowdown is over the rest of the year, because China’s government is expected to adopt concretionary measures.

Although output growth in Chinese factories fell in June by nearly three percent, to 13.7 percent.

The economy lost momentum in protecting against a possible overheating, according to official statistics authorities.

China has been accused of undervaluing its currency, giving it an advantage in world trade.

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Related articles; Unexpected decrease in sold homes in U.S.

Property prices in China rush again.

House sales in the U.S. increases in April 2010 compared with 2009.

Sales of new single family houses in the U.S. rose by 26.9 % in March

Sales of existing property in the U.S. have increased the first quarter of 2010.

Continued bankings death in the U.S.

More than expected, buying homes in the U.S.


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