Tuesday, May 26, 2015   

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:
Guangdong battles surge in dengue fever (05-26 17:59)
Tangled mess of metal marks site of elderly home (05-26 16:45)
Henan rest home lies in ruins (05-26 16:41)
Elderly survivor of Henan blaze (05-26 16:38)
Jet crashes in flames, student pilot and instructor killed (05-26 16:25)
Lighthouses being built on disputed islands (05-26 16:19)
Defense strategy rejects ‘hegemony’ and ‘power politics’ of external parties (05-26 13:14)
White paper outlines strategy of open seas defense and the right to counterattack (05-26 13:09)
Taiwan proposes plan to ease South China Sea tensions (05-26 12:53)
China downplays South China Sea island development (05-26 12:24)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.