BEIJING (TIP): China‘s annual economic growth slowed to a six-year low of 7.0 per cent in the first quarter as demand stayed weak, meeting analyst forecasts but fanning expectations that authorities will roll out more policy stimulus to avert a sharper slowdown. In the last quarter of 2014, China’s economy grew 7.3 per cent on an annual basis. On a quarterly basis, economic growth slowed to 1.3 per cent between January and March after seasonal adjustments, the National Bureau of Statistics said on Wednesday, compared with growth of 1.5 per cent in the previous three months.
Business & Economics
SUMMITRY OVER SUBSTANCE?
“Expectations of Prime Minister Narendra Modi‘s visit to the United States later this month need to be modulated with stiff doses of reality. Structural weakness in the United States means that it cannot offer much; […]
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