The Traderszone Network

Published in TZ Latest News 19 January, 2015 by The TZ Newswire Staff

China seen posting weakest annual growth in 24 years, will spur more stimulus

China is likely to post its weakest growth since the global financial crisis in the fourth quarter as its property market cooled, reinforcing expectations the government will have to roll out more stimulus measures to avoid a sharper slowdown. Full-year economic growth in 2014 is almost certain to undershoot the government’s target of 7.5 percent and mark the weakest expansion in 24 years, adding to concerns about shaky global demand.

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