tirsdag 19. januar 2016

China posts slowest annual economic growth in 25 years

For the fourth quarter of 2015, the economy grew 6.8%, compared with the same period a year earlier. That's a touch below economists' estimate of 6.9% and the slowest rate since the dark days of the financial crisis in 2009.After years of torrid expansion, the world's second-largest economy is now decelerating. The government is trying to shift the growth engine away from manufacturing and debt-fueled investment toward the services sector and consumer spending. Read more