China's economic growth rate falls

China's economy grew by 4.7% in the second quarter of this year. In the first quarter, this figure was 5.3 percent.

The decline in the growth rate in the second quarter has caused concern and so far the Chinese government has not taken any steps to address this concern.

For this reason, consumers are very cautious and the Shanghai Stock Exchange Index is on a downward trend.

China is currently facing several challenges, notably the crisis in the housing sector and weak domestic demand. If, as predicted, the growth rate of the Chinese economy next year is lower than this year, the raw material market will come under pressure.

The situation in other major economies will not be much better next year, so investors need to think about the possibility of weakness in the stock markets, the raw materials market, and large fluctuations in the value of current currencies.