Recently, British paper, Financial Times has quoted the IMF data and claims that if we were to exclude China, the overall GDP growth for the emerging markets was merely 1.92%, which is lower than the 1.98% overall growth rate of the developed countries.

ANBOUND's research team points out that the development of the global economy seems to have return to the "old order" – the economic growth in developed countries are leading the world while the economic growth of the emerging economies are returning to the weaker position.

This has again demonstrated the long-term logic of economic development, after the “one-off growth”, China is now facing urgent questions including how to sustain the development and how to change its fate as “paper tiger”.