Accuracy in Media

WASHINGTON — Public perception may say that the Chinese economy and military machine cannot be stopped. Recent economic news indicate otherwise.

china economyReuters reports Chinese GDP growth has slowed to 7.5%, which some say is due to weak overseas demand that is stretching output and investment.

This could be worrisome for the world’s second-largest economy, as China could be facing similar downward trends if circumstances do not reverse. It is currently in a prolonged economic slowdown, but the newly minted Chinese premier Li Keqiang is not rushing to provide economic stimulus.

This comes at a time when the U.S. is embroiled in domestic scandals regarding the NSA and also is in a prolonged economic standstill, and there is some bad blood between China and U.S. over Chinese cyber attacks on U.S. databases.