World Bank projects China's growth to slow

China's economic growth will fall to about 8 percent in 2006 from 9 percent this year as domestic demand declines, the World Bank predicted Wednesday 17 August.

While the World Bank said China's overall economic outlook is buoyed by ``favorable'' financial conditions, the country's leaders should ``rebalance growth'' by changing the pension system, providing more health insurance and doing more to finance education, the report said.

``A shift in government spending from investment to spending o