China's economy slows way down

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China, the world's third-largest economy, has recorded its lowest rate of growth for seven years. The figure fell to nine percent in 2008. Growth slowed even more in the final quarter, falling to less than seven percent. Does this mean that the boom years in China are truly over? Chris Hogg, the BBC correspondent, joins us from Shanghai, China to discuss.

"The way to think about the Chinese economy is that it's a bit like a large elephant riding a bicycle."
— The BBC's Chris Hogg on the slow down in the Chinese economy