'China will welcome moderate economic slowdown'
China will welcome a "moderate" slowdown in economic growth, economist George Magnus has said.
His comments follow new figures showing that China's economy expanded by 7.4% in the first quarter of the year, a slowdown from 7.7% growth in the final quarter of last year.
But Mr Magnus warned that the economy must be "managed" correctly to prevent the "danger" that growth may fall more rapidly in future.
First broadcast on BBC Radio 4's Today programme on Wednesday 16 April.
16 Apr 2014
- From the section Business