China walks a tightrope

Credit and bad loans have put the breaks on China's rampant growth.

The Chinese economy grew by 7.7% in 2013, the same rate as in 2012 and the lowest since 1990. To put that into perspective, this increase still represents an amount slightly larger than the entire GDP of Turkey.

But it adds to signs that China's rampant growth days are behind it in the fourth quarter of 2013, growth eased to an annual pace of 7.7% from 7.8% during the previous three months.

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