BEIJING - New Zealand Prime Minister John Key on Monday expressed optimism about China's economic transition, saying the growth of the Chinese economy is still very considerable. The Chinese leadership has many options to guide the world's second largest economy through its transition. said Key, who is on an official visit to China. Still going strong "China's economy has been growing rapidly for 20 to 30 years, but on a much smaller base," Key said during a conversation with Chinese entrepreneurs in Beijing, noting that although growth rate has slowed, it is "on a much, much higher base, so the economic growth each year is still very considerable." According to China's National Bureau of...
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