Monday, 15 July 2013
China's economic growth slows for second quarter
China's economic growth slowed in the April to June period, the second straight quarter of weaker expansion.
The world's second biggest economy grew by 7.5 per cent compared to the previous year, down from 7.7 per cent in the January to March period, data showed.
The figures were in line with analyst expectations,the BBC reported.
After decades of blistering growth in China, analysts say authorities now seem ready to accept a slower pace of expansion.
China will be one of the countries in the spotlight at the DNCC's Midlands International Trade Expo and Conference later in the year - visit www.m-itec.co.uk for more information.Back