Many are looking upon China to ‘drag’ the world economy out of the doldrums, however, data released on Thursday shows that China’s exports and imports grew at their slowest pace in more than two years in December as foreign and domestic demand slowed.
Some argue that this, ultimately, is of benefit to the wider, global, economy as such a slow down will encourage the Chinese authorities to be more ‘easy going’ concerning monetary policy in order to encourage economic growth. We will see..
