"We and other economists had expected that China’s new political leadership would take decisive steps to re-ignite growth after its sub-par growth of 7.8 per cent in 2012."
The US, EU et al economies grew by how much during 2012?
"Let's devalue this stock/entire nation because it didn't grow fast enough according to our completely arbitrary bullshit that we crapped out in the hopes of convincing others to give us all their money." What an easy job: pull some number out of the air and demand a company/nation/etc grow revenues/gdp/spending/what-have-you to meet it. If they don't meet your wild bullshit, throw an international hissy fit and see if you can get others to join in on your tantrum and punish the malefactor with the bad growth by reducing investment.
Guys, I'm really pissed at Western Digital and Seagate because drive prices didn't come down fast enough after the Taiwan floods. I also am upset that areal density hasn't increased fast enough. Let's all invest our money in beef futures instead of buying hard drives for our data centers so that they know they have to meet our demands or experience doom.