China’s annual economic growth slowest since 1990

Mubasher: China’s economy registered a 6.9% growth in 2015, which is the slowest pace recorded since 1990, data released by the national statistics bureau showed on Tuesday.

The world’s second biggest economy achieved 7.3% economic growth in 2014.

Official data also revealed that China’s gross domestic product rose by 6.8% in the last quarter of 2015, compared with the same period in 2014, which is the slowest pace since the global crisis in 2009.

Mubasher Contribution Time: 19-Jan-2016 03:51 (GMT)