• A worker paints unfinished licensed ceramic Smurfs at the Shunmei Group factory in Fujian province. Chinese industrial companies’ profits declined the most in at least three years in December. Kevin Frayer / Getty Images
    A worker paints unfinished licensed ceramic Smurfs at the Shunmei Group factory in Fujian province. Chinese industrial companies’ profits declined the most in at least three years in December. Kevin Frayer / Getty Images
  • A worker pushes a cart full of clay to be used for licensed ceramics at the Shunmei Group factory. The International Monetary has downgraded its forecast for China’s GDP growth this year to 6.8 per cent from 7.1 per cent after posting its slowest growth rate since 1990 last year. Kevin Frayer / Getty Images
    A worker pushes a cart full of clay to be used for licensed ceramics at the Shunmei Group factory. The International Monetary has downgraded its forecast for China’s GDP growth this year to 6.8 per cent from 7.1 per cent after posting its slowest growth rate since 1990 last year. Kevin Frayer / Getty Images
  • The International Monetary has downgraded its forecast for China’s GDP growth this year to 6.8 per cent from 7.1 per cent after posting its slowest growth rate since 1990 last year. Kevin Frayer / Getty Images. Kevin Frayer / Getty Images
    The International Monetary has downgraded its forecast for China’s GDP growth this year to 6.8 per cent from 7.1 per cent after posting its slowest growth rate since 1990 last year. Kevin Frayer / Getty Images. Kevin Frayer / Getty Images
  • Chinese industrial companies’ profits declined the most in at least three years in December. Kevin Frayer / Getty ImagesKevin Frayer / Getty Images
    Chinese industrial companies’ profits declined the most in at least three years in December. Kevin Frayer / Getty ImagesKevin Frayer / Getty Images
  • China’s economy grew at 7.3 per cent in the fourth quarter last year, its slowest quarterly pace since the depths of the financial crisis in 2009. Kevin Frayer / Getty Images
    China’s economy grew at 7.3 per cent in the fourth quarter last year, its slowest quarterly pace since the depths of the financial crisis in 2009. Kevin Frayer / Getty Images
  • A worker prepares to cut wood to be used for heating ceramics at at the Shunmei Group factory. Kevin Frayer / Getty Images
    A worker prepares to cut wood to be used for heating ceramics at at the Shunmei Group factory. Kevin Frayer / Getty Images
  • China’s economy grew at 7.3 per cent in the fourth quarter last year, its slowest quarterly pace since the depths of the financial crisis in 2009. Kevin Frayer / Getty Images
    China’s economy grew at 7.3 per cent in the fourth quarter last year, its slowest quarterly pace since the depths of the financial crisis in 2009. Kevin Frayer / Getty Images
  • The International Monetary has downgraded its forecast for China’s GDP growth this year to 6.8 per cent from 7.1 per cent after posting its slowest growth rate since 1990 last year. Kevin Frayer / Getty Images. Kevin Frayer / Getty Images
    The International Monetary has downgraded its forecast for China’s GDP growth this year to 6.8 per cent from 7.1 per cent after posting its slowest growth rate since 1990 last year. Kevin Frayer / Getty Images. Kevin Frayer / Getty Images
  • A worker paints unfinished licensed ceramic Smurfs at the Shunmei Group factory in Fujian province. Chinese industrial companies’ profits declined the most in at least three years in December. Kevin Frayer / Getty Images
    A worker paints unfinished licensed ceramic Smurfs at the Shunmei Group factory in Fujian province. Chinese industrial companies’ profits declined the most in at least three years in December. Kevin Frayer / Getty Images
  • Workers cut wood to be used for heating ceramics at at the Shunmei Group factory. Kevin Frayer / Getty Images
    Workers cut wood to be used for heating ceramics at at the Shunmei Group factory. Kevin Frayer / Getty Images

Business

China economy in new normal slower but healthier growth — in pictures

Liz Claus

January 31, 2015

  • English
  • Arabic

Most economists expect Beijing to set a 7.0 per cent GDP growth target for 2015 its annual legislative session in March, when the government lays out policies for the year, on the face of a slowdown in the world’s largest economy.

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