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Eurozone crisis takes toll on Chinese economy

After years of strong growth, China's economy is showing signs of slowing, partly because of weaker domestic demand, but also due to the eurozone debt crisis.

Export giant hurt by shrinking markets, weaker domestic demand

After years of strong growth, China's economy is showing signs of slowing down. CBC's Catherine Mercier travelled to one of China's manufacturing centres to see the impact of the downturn. 2:33

After years of strong growth, China's economy is showing signs of slowing, because of several factors, including the eurozone debt crisis, weakening domestic demand and a slow economic recovery in the United States.

In the first quarter, China's economic growth was at a nearly three-year low of 8.1 per cent.

For the mostly export-based economy, it means Chinese businesses are feeling the pinch.

CBC's Catherine Mercier travelled to one of China's manufacturing centres, Wenzhou, to see the impact of the downturn.