Bank of Finland forecasts China’s economy to slow

bank-of-finland

China's economic growth slowed slightly in 2011 but remains robust due to tighter monetary policy, said the Bank of Finland Institute for Economies in Transition (Bofit), in a report published on Thursday.

The report said in 2010, China's GDP grew by 10.4%, but that this year the growth rate had eased somewhat, with the economy expanding by 9%.

The report said the slowdown in economic growth thus far has been in line with expectations as the pick-up in inflation has forced China to tighten its

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