china factory
Media playback is unsupported on your device
Video

The challenges of China's economic transition

The Boao Forum, loosely referred to as China's Davos, is kicking off this week.

But this year there's a difference, growth is slowing and there are fears this could lead to massive job losses.

Beijing says it is all part of the transition from Old China to New China, shifting the economy from manufacturing to services.

Our Asia Business Correspondent Karishma Vaswani reports on the impact of the transition on China.

Watch more reports on Asia Business Report's website

Go to next video: 'Objective for Japan and China is security'