Hirunews Logo
China+economic+growth+falls+to+five-year+low+of+7.3%25
Wednesday, 22 October 2014 - 18:44
China economic growth falls to five-year low of 7.3%
2,254

Views
China's gross domestic product expanded in the third quarter at its slowest pace since the depths of the global financial crisis, despite efforts to kickstart the world's second-largest economy.

The 7.3 per cent year-on-year increase in July to September was lower than the 7.5 per cent expansion in the previous three months.

China's economy is suffering from a deflating property bubble, a government crackdown on corruption and weak demand from Europe, prompting authorities to introduce monetary easing measures.
Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE