China's economy 'faces growth challenge' in the future (BBC video)
China's leaders are meeting this week to discuss ways to ensure the economy maintains its pace of growth despite the global economic slowdown. Data released on Monday showed Novemb…

China's leaders are meeting this week to discuss ways to ensure the economy maintains its pace of growth despite the global economic slowdown. Data released on Monday showed November exports increased by just 13.8%, the slowest pace of expansion since February this year. China's manufacturing sector also contracted in November for the first time in almost three years. Chinese monetary authorities recently cut banks' reserve ratio requirement, effectively making more money available for lending in a bid to boost the economy. But as FICO blog author Andrew Jennings explained to the BBC's Sharanjit Leyl, even if officials ease policy further, Chinese banks may find it tough to trigger growth.
If you're having trouble viewing the video above, view it here.
Popular Posts

Business and IT Alignment is Critical to Your AI Success
These are the five pillars that can unite business and IT goals and convert artificial intelligence into measurable value — fast
Read more
Average U.S. FICO Score at 717 as More Consumers Face Financial Headwinds
Outlier or Start of a New Credit Score Trend?
Read more
FICO® Score 10 T Decisively Beats VantageScore 4.0 on Predictability
An analysis by FICO data scientists has found that FICO Score 10 T significantly outperforms VantageScore 4.0 in mortgage origination predictive power.
Read moreTake the next step
Connect with FICO for answers to all your product and solution questions. Interested in becoming a business partner? Contact us to learn more. We look forward to hearing from you.