China slowdown sets scene for urban struggle

For politicians and peasants, China’s 7.4 percent GDP growth in 2014 is a happy outcome. Not so for the all-important demographic of middle-class city dwellers. The scene is set for a year of urban struggle. China hasn’t missed a GDP target since 1998, according to ANZ, which makes the slight […]



Reuters via CHINA US Focus http://ift.tt/1Enj6TM