Media playback is unsupported on your device

Why China's slowdown may be good news

13 May 2014 Last updated at 01:31 BST

China's economy, the world's second-largest, has been a key engine of global growth in recent years.

Its fast-paced expansion has especially benefitted countries like Australia - which rely heavily on exports of commodities such as iron ore.

But China's growth rate has been slowing down and some have worried about what impact that may have on regional as well as global economies.

However, Mark Williams from Capital Economics told the BBC's Rico Hizon that fears of a sharp slowdown in China were "overdone" and that slower growth in the country may actually be good news.

Watch more reports on Asia Business Report's website.

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.