Even with the slowdown , China 's economy -- the third largest in the world -- has gone from white-hot to merely robust . World Bank cuts China 's economic growth forecast in 2009 to 6.5 percent . The IMF says the country will have a slower than expected recovery this year and next, but it expects China's economy to grow by about 7 percent in 2010. Last week , Chinese Premier projected nation 's economy would grow by 8 % in 2009 . China has seen a sharp decline in demand for its exports since November .
World Bank cuts China 's economic growth forecast in 2009 to 6.5 percent . The IMF says the country will have a slower than expected recovery this year and next, but it expects China's economy to grow by about 7 percent in 2010. Last week , Chinese Premier projected nation 's economy would grow by 8 % in 2009 . China has seen a sharp decline in demand for its exports since November .