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BEIJING Chaussures Adidas Superstar II Blanche G17071 Pas Cher , Aug. 23 (Xinhua) -- Worries about China's economic slowdown is certainly overdone, as there are multiple factors responsible for the lingering slowdown in global economic development, according to the latest issue of British magazine Economist.

China's manufacturing sector is on track in August for its six-year worst month, and China's stocks plunged another 4 percent on Friday Chaussures Adidas Superstar 2 Noir Blanche G50965 Pas Cher , the magazine said in an article, quoting an unidentified survey.

"There is good reason to be anxious about China, but the pessimism is almost certainly overdone," the article said Chaussures Femme Adidas Superstar 2 Bleu Blanche G17256 Pas Cher , noting "European, Japanese and Australian stocks all fell."

In other areas, things are looking up, according to the article entitled "Why Chinese economic worries overdone".

In recent months Chaussures Adidas Superstar II Blanche Or Pas Cher , property prices have stabilized across the much of China and started to rebound in major cities, it said.

As growth is slowing, the structure of China's economy is also changing, said the article.

"The services sector supplanted manufacturing a couple of years ago as the biggest part of China's economy Adidas Ultra Boost Pas Cher , and that trend has only accelerated this year," it said.

The alarm on Friday stemmed from an unexpected fall in the purchasing managers' index (PMI) for manufacturing sponsored by Chinese magazine Caixin, but Caixin's PMI for the services sector jumped to an 11-month high in July, it noted.

Wells Fargo emerging market portfolio manager Anthony Cragg said on Friday that it is unfair for global markets to blame China for the selloff.

"I think concern on solely China is bizarre China's problem is actually the world's problem Yeezy Boost 350 V2 Pas Cher ," Gragg told CNBC.

China presents opportunities, he added.

NAIROBI, Jan. 9 (Xinhua) -- Kenya's economic growth is expected to slow down to between 5.4 and 5.7 percent in 2017 down from 6 percent in 2016, analysts said on Monday.

Cytonn Chief Investments Officer Elizabeth Nkukuu told a media briefing in Nairobi that the slowdown will be largely due to the ongoing drought that will affect agricultural sector which accounts for about 20 percent of total Gross Domestic Product (GDP).

"We expect strong levels of GDP growth at between 5.4 percent and 5.7 percent in 2017, driven by government expenditure and the growth of key sectors such as construction, as Kenya benefits from its diversity in grow. Wholesale Jerseys Online Wholesale Jerseys For Cheap Wholesale Jerseys China Wholesale NHL Jerseys Wholesale Custom NFL Jerseys Wholesale Throwback NCAA Jerseys Wholesale NBA Jerseys From China Wholesale Baseball Jerseys China Wholesale NHL Hockey Jerseys Wholesale New Basketball Jerseys

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