China's economy 'faces growth challenge' in the future

China's leaders are meeting this week to discuss ways to ensure the economy maintains its pace of growth despite the global economic slowdown.

Data released on Monday showed November exports increased by just 13.8%, the slowest pace of expansion since February this year.

China's manufacturing sector also contracted in November for the first time in almost three years.

Chinese monetary authorities recently cut banks' reserve ratio requirement, effectively making more money available for lending in a bid to boost the economy.

But as Andrew Jennings of Fair Isaac Corporation explained to the BBC's Sharanjit Leyl, even if officials ease policy further, Chinese banks may find it tough to trigger growth.

  • Published
  • Section
    BBC News