7-1 Discussion: Macroeconomics and Macro Variables

Macroeconomics and Macro Variables

 I have found an article on the slowed down GDP of China. According to the latest data available, the GDP growth of China has slowed down in nine of the last 10 quarters. The data also showed growth in economy by 7.6 percent in the first half of the year from a year earlier, just ahead of the full year target. The slowed down growth is a result of the Australian dollar which is highly sensitive to the demand of China for Australian raw materials. The customs data showed decline in the exports ...