Friday, November 28, 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:
Guizhou coal mine explosion kills 11: Xinhua (11-27 14:52)
China drafts first domestic violence law (11-26 18:53)
Coal mine fire kills 26 in Liaoning: Xinhua (11-26 17:58)
China asks US for help in hunting down fugitives (11-26 15:56)
China blasts US comments on island project as 'irresponsible' (11-24 17:06)
Sichuan quake death toll rises to five (11-24 11:35)
Island project in disputed waters 'justifiable': general (11-24 11:21)
Uighur scholar's appeal rejected against life sentence (11-21 18:38)
Chinese journalist tried on state secrets charge (11-21 11:42)
7 killed in knife attack at military clinic (11-20 17:36)

More breaking news >>

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