Showing posts with label China.. Show all posts
Showing posts with label China.. Show all posts

Friday, April 15, 2016

ECONOMY: China's Economy slows to 6.7% in first quarter

China's economy grew at an annual rate of 6.7% in the first quarter of the year, says the government. 

It is the slowest quarterly growth in the Chinese economy in seven years, but in line with expectations and China's own growth targets.
In the final quarter of last year, the economy expanded by 6.8%.

Friday's figures confirm the slowing trend in the world's second largest economy.

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