Growing signs of China’s economic slowdown - World Socialist Web Site
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Growing signs of China’s economic slowdown
By Oliver Campbell
12 June 2015
Statistics for May indicate that growth in key sectors of the productive economy in China, including manufacturing, continues to slow, while capital is increasingly moving into speculative investments in the share market, creating an unstable financial bubble.
Official indices showed a 2.8 percent decline in exports in May, compared to the same month in 2014. The figure was a small improvement on results for March and April, which witnessed year-on-year declines of 14.6 percent and 6.2 percent, respectively.