SHANGHAI |
Thu Jul 4, 2013 12:22am EDT
(Reuters) -
China 's
economy is expected to grow 7.6 percent in the second half of 2013, but risks of bad local government loans, slowing
growth of central government revenue, diminished export competitiveness and
industrial capacity are growing, the official China Securities Journal reported
on Thursday.
Economists
have been cutting their forecasts for the world's second-largest economy
following a string of weak data recently, with some predicting the government
will not be able to meet it full-year target of 7.5 percent. China 's economy
expanded 7.8 percent last year, the slowest pace in 13 years.