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Countries around the globe are nervously watching what is happening to the Chinese economy - and fear the potential knock on effects. New government statistics say China's GDP grew last year by almost seven percent - many other countries would be delighted by that. But its the lowest growth for 25 years - and another sign that the heady days of record-breaking economic expansion are long gone. The true situation could be even worse - some analysts do not believe the official data. As the world's second biggest economy again stalls, countries which export commodities such as oil and iron ore to China are suffering - with the possibility of worse to come. So, what has gone wrong? And should the world be concerned? Presenter: Sami Zeidan Guests: Pauline Loong - Managing director of Asia-Analytica and analyst on China's political economy Chris Watling - Chief market strategist at Longview Economics. Michele Geraci - Professor of finance at Zhejian University and an economic adviser to governments, corporations and investors in China - Subscribe to our channel http://bit.ly/AJSubscribe - Follow us on Twitter https://twitter.com/AJEnglish - Find us on Facebook https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/