Tuesday, January 19, 2016

China’s economic growth slowest in a quarter century

According to the official data from Beijing, the world's second-largest economy grew 6.9 percent in 2015 against 7.3 percent in 2014. This is the worst result for China since 1990.
“The preliminary data says the Gross Domestic Product of China amounted to 67.67 trillion yuan in 2015 (about $10.3 trillion), which is 6.9 percent more than last year. In particular, the annual GDP growth in the first quarter amounted to seven percent, in the second – seven percent, in the third - 6.9 percent and 6.8 percent in the fourth,” said a report from the National Bureau of Statistics.
Read article HERE
INC News, 19/01/2016 - source: ©RTNews

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