China's economy to undergo change (3)

China's economic growth slowed to 7.4 percent in the third quarter, a seventh consecutive quarter due to weak demand, but many economists said the growth is likely to bottom out.

Economic growth in emerging economies has been seriously affected by the eurozone's lingering debt crisis and the sluggish US economy.

The International Monetary Fund has cut its forecast for China's economic growth this year to 7.8 percent and that of India to 4.9 percent.

Contact the writer at lanlan@chinadaily.com.cn

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