European commission projects 8.0 and 8.1% GDP growth in China in 2013 and 2014 and -0.1 and 1.4% GDP growth for Euro Area
The European Commission has forecast that China’s economy will grow 8 percent this year and 8.1 percent in 2014, after it successfully avoided a “hard landing” in 2012. According to its spring forecast released on Friday, EC officials said China remains exposed to a possible worsening of the international environment, but its principal risk factors …