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Although far from perfect, China’s stimulus package has the potential to
get the dragon rolling again, says Sray Agarwal of 4Ps B&M
However, the global economic debacle has affected all, especially China,
as the country’s overdependence on trade is costing it heavily. This is
especially evident when one reads China’s economic growth meter. As
per recently announced statistics, China’s economy grew at the slowest
pace in almost 10 years in the first quarter. The Gross Domestic Product
(GDP) grew at a snail-paced (considering China’s previous growth rate)
6.3% yoy.