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Tuesday, June 29, 2010

Is china's Growth slowing?

Asian Markets Slump On Concerns About China Growth (Report)
The markets across Asia ended trading session Tuesday sharply lower taking cues from China's Shanghai Market, where the index plunged more than 4% after the Conference Board stated that the leading indicators' index for April, released earlier on June 15, has been revised downwards to a gain of 0.3% against 1.7% growth reported in the earlier report. Concerns that the Chinese economy might face headwinds in near future, unable to sustain the growth momentum, also impacted markets across the region, leading to sharp declines.

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