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      <description>China's economy expanded 7 per cent year-on-year in the second quarter of this year, unchanged from the first quarter. Perhaps the country has entered the so-called "new normal" of slower growth, in line with its more mature economy.
Beijing seems determined to put structural reform before high-speed growth, no matter how painful. Many Chinese don't believe their country can continue along the old path of heavy dependence on government investments to stimulate growth. But nobody knows how slow...</description>
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      <pubDate>Fri, 17 Jul 2015 06:48:53 +0000</pubDate>
      <title>Beijing in tough balancing act to ensure slower economic growth does not become too slow</title>
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      <description>The Hong Kong pro-democracy protests are now entering their third month, against a background of the police clearing demonstration sites and arresting student protesters. That's not a good sign.
Hong Kong's many local businesses have already been struggling with a sluggish economy. Recently, the government set its forecast for annual growth at 2.2 per cent, against a global average of 3.3 per cent. If the rallies are protracted, or more violent clashes break out, the impact will extend to the...</description>
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      <pubDate>Fri, 28 Nov 2014 04:45:00 +0000</pubDate>
      <title>Follow Deng's footsteps: let some have democracy first</title>
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