China's Q4 GDP growth to decline to 7.2 percent


(MENAFN) China's annual economic growth decreased to 7.2 percent in the fourth quarter, the weakest since the depths of the global crisis, which would keep pressure on the policymakers to head off a sharper slowdown this year, Gulf News reported.

The expected decrease in growth of the world's second-largest economy, from 7.3 percent in the June-September quarter, means full-year would undershoot the government's 7.5 percent target and mark the weakest expansion in 24 years.

A growth of 7.2 percent in October-December would be the weakest since January 2009, when the economy grew 6.6 percent as the worst of the global crisis passed.


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