Of course it is important in that the Chinese economy plays such an important role in the world economy. If Chinese economic growth slows down a bit, that is felt everywhere else. So it is important, but it is not dramatic. I think that a growth rate has been discussed in the “new normal”, which is quite sustainable and realistic. So no time for gloom and doom.
-- Willem Adema,
senior economist and director for Employment, Labour and Social Affairs of the OECD