China Facing Slow Down in its Economy. There are many reasons like
  1. Industrialization Process
  2. Depending Upon Domestic Market
  3. Capital Crunch
  4. Unable to Re balance Investment to Consumption
  5. Lacking to Improve Land, Labor and Technology
  6. People Bank of China Monetary Policy
  7. War of Global Exchange Rate
  8. Export Oriented Economy
  9. Lacking to Promote Small Scale Business

So, Now China wants to rejuvenate their economy. They can regionalize the Trade and Make Effective External Economic Policy.  So, it can enhance circumstance of china‘s economy and accelerate demand.
We can see below graph where and club India China & Japan together. Then it can maintain Good % of Growth and resist slow down. BRICS can play vital role in World Economy and This Group can support to big economy like India & China.
Need to Understand Global Economic picture. We can see every country who complete the cycle (Developing to Developed) or about to complete, it must face such kind of side effect like economic slowdown. Every country want strong economy so, they can make bilateral agreement particularly in Trade. Its happen basis calculation of
  1. Export – Import balance
  2. Current a/c deficit
  3. Demand – Supply
  4. Political Environment
  5. Geopolitical Position
  6. Seize of Economy
  7. Traits of Economy
  8. Need of Economy

So, if every country make selfish economic policy or devaluate currency maximum time it will face horrible situation. Need to make balance at global platform. World Bank & IMF role is important at global level without any prejudice and bias.it should stop war of GDP. Need Reasonable and Inclusive Growth of Every Country