$22,980,000,000 is China’s trade deficit in February. The slowdown threat in the world’s second-largest economy is worrying many countries, especially the US. Industrial output in China has declined, so have property sales. Premier Li Keqiang warned that the economy faces severe challenges in 2014, yet the government has kept its target unchanged, and is aiming for a 7.5 percent growth.
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(This story appears in the 18 April, 2014 issue of Forbes India. To visit our Archives, click here.)