China's economy (ETFs: FXI, PGJ) will grow by just 7.5% in 2009, its slowest in 19 years, the...

|By:, SA News Editor
China's economy (ETFs: FXI, PGJ) will grow by just 7.5% in 2009, its slowest in 19 years, the World Bank says. More worrisome, export growth will slow to just 3.5%, down from 11% in 2008. More than half of its growth will be the result of the recently-announced government stimulus. (overview and full report (.pdf))