China's economic growth slows
Economy
11:04 17/01/2012

China's economic growth slows

China's economy, the world's second-largest, grew at its slowest pace in more than two years, latest government figures show, according to BBC.

Gross domestic product expanded by 8.9% in the three months to the end of December, from a year earlier. That is down from 9.1% in the previous quarter.

The statistics bureau data showed that growth for the full year was 9.2%, down from 10.3% in 2010.

Analysts said they expect the economy to slow further this year.

China has previously been one of the fastest-growing economies in recent years.

 

Placeholder
China's economic growth slows