Why China’s economy is slowing and what it means for everything

By Matt Phillips – The fact remains that China is trying to do something pretty difficult.

If the economy of the People’s Republic is a freight train, Chinese economic policymakers are trying to pull off a large scale overhaul of the engine while the locomotive barrels down the tracks.

In fact, they’ve been working on the engine for a while.

China, an increasingly important engine of global economic growth, is slowing fast. more> http://goo.gl/52C7lo

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