China Growth to Slow, Says Economist

China's wildfire economic growth will taper off this year and Korea should prepare for the slowdown in its biggest export market, a visiting economist from Morgan Stanley said yesterday.

"Last year, 36 percent of your total exports growth went to China," said Stephen Roach, chief economist at the global investment bank, during a speech in Seoul.

"You must prepare for the coming slowdown in the Chinese economy."

Before coming to Korea, the Wall Street economist traveled to Beijing, where he said he confirmed that Chinese officials wanted to decelerate expansion to usher in a soft landing.

"They were worried about overheating," Roach said.

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