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China's Q1 GDP posts slowest growth on record

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Staff writer ▼ | April 18, 2016
China Q1 GDP
Asia   The National Bureau of Statistics:

China's economy grew 1.1% from the previous quarter on a seasonally adjusted basis, the National Bureau of Statistics said.

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.

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