DHAKA: China’s economy grew by 6.9 percent in 2015, compared with 7.3 percent a year earlier, marking its slowest growth in a quarter of a century.
Annual growth in the world’s second-largest economy was in line with global expectations, reports the BBC.
Beijing, meanwhile, had set an official growth target of “about 7 percent” for 2015.
However, Premier Li Keqiang has said a slower growth rate would be acceptable, as long as enough new jobs were created.
BDST: 0842 HRS, JAN 19, 2016
SR