China still a global economic engine even at lower gear of 7%

London

A SURGING China saved the global economy from recession, but a slowing China may not consign it to a slump.

The world's second-largest economy will grow 6.8 per cent this year en route to 6 per cent in 2017, the International Monetary Fund projects. That's half the 14 per cent of 2007 and well below the 10 per cent of 2010.