Friday, September 19, 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:
Dalai Lama hails Xi as 'more open-minded' (09-18 15:31)
Road accident in Hebei kills 4 (09-18 14:56)
4 officials prosecuted for violations (09-18 11:38)
Taiwan holds biggest naval exercise in 25 years (09-17 17:59)
Jaycee Chan formally arrested (09-17 17:45)
Driver detained over fatal truck crash (09-17 16:03)
Uighur scholar on trial for separatism (09-17 11:52)
8 killed as truck crashes into bus stop in Hebei (09-17 11:51)
Power consumption down again in August (09-16 18:15)
Two officials prosecuted for taking bribes (09-16 17:35)

More breaking news >>

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