Tuesday, September 2, 2014   

China reports moderate 7.7pc growth, economy slows in fourth quarter
(01-20 10:19)

China's economy grew by 7.7 percent last year, tying 2012 for the weakest performance since the 1990s, after its expansion eased in the final quarter.
Government data today showed the economy grew 7.7 percent in the three months ending in December. That was down from 7.8 percent the previous quarter.
Growth for the October-December quarter also came in at 7.7 percent, the National Bureau of Statistics said, slowing from 7.8 percent in the previous three months.
“Generally speaking China's economy showed good momentum of stable and moderate growth in 2013, which is [a] hard-earned achievement,'' the NBS said in a statement.
“However we should keep in mind that the deep-rooted problems built up over time are yet to be solved in such a critical period for China's economy.’’—AP/AFP

   
Other China breaking news:
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Two killed in knife attack at Hubei school (09-01 15:11)
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WeChat closes, suspends hundreds of accounts (08-29 18:26)
Former Hohhot vice mayor sentenced to death (08-29 15:25)
Taiwanese actor apologizes over drug use (08-29 15:03)
Guizhou landslide toll rises to 15: report (08-29 10:57)
Former Guangxi official stands trial (08-28 18:16)
China vows to respond to US surveillance flights (08-28 17:59)
Chinese courts to be open to foreigners (08-28 17:17)

More breaking news >>

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