China cannot keep the whole world employed it seems. When China’s economy heated up, the world followed. Chinese had money. Japan, the U.S. were eager to sell things. Problem was, most things were made in China.

Growth of things made in China has hit a 13-year low. Production growth fell to ONLY 6% in November. Industrial output grew at an annual rate of ONLY 8.2%, the slowest since 2001. Annual growth was at 11.4% just two months ago (September). China is still growing…just not as quick as it was.

Can you hear the violins playing “Poor China.”

Weak domestic and external demands are too blame.

China’s economy expansion slowed to 9% in the 3rd quarter, down from 10.4% for the first half and 11.9% last year.

Sure enough, China’s growth is slowing down. If China’s economy stops growing, the heap of trouble the world economy is in now could become a whole lot worse, eh?

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