China’s Economy Is Slowing, and We Should All Be Thankful And don't expect a pickup anytime soon

Few statistics are more closely watched by policymakers, economists and businessmen from New York to Tokyo than China’s economic growth rate. What happens in the world’s second largest economy, after all, influences the market for everything from iron ore to automobiles to Prada bags, and companies from General Motors to Starbucks are counting on China to generate more and more of their future profits. Learn business Chinese at Chinese Language Academy of Los Angeles! http://world.time.com/2014/01/20/chinas-economy-is-slowing-and-we-should-all-be-thankful/