TROY, Michigan, U.S.A. — It will be a challenging year in China, but the economy will grow, says Ellen Hughes-Cromwick, senior economist for Ford Motor Co. at a recent conference held here. “I think the prospects for growth are probably in the order of 6% to 7%,” she says. Like much of Asia, China's economy is experiencing a slowdown, albeit not nearly as severe as its neighbors. In addition to a slump in domestic demand, exports have dropped due to the strength of the mainland's currency, ...
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