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China's Q1 GDP posts slowest growth on record

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Staff writer ▼ | April 18, 2016
China's economy grew 1.1% from the previous quarter on a seasonally adjusted basis, the National Bureau of Statistics said.
China Q1 GDP
Asia   The National Bureau of Statistics:
It was the slowest quarterly growth on record since the government started to release the quarterly figures in early 2011.

The statistics bureau also revised the on-quarter growth of the nation's gross domestic product for the fourth quarter of last year to 1.5% from an initial estimate of 1.6%.

China on Friday said its economy expanded 6.7% in the January-March period from a year earlier, a tad lower from an on-year increase of 6.8% of the previous quarter.