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China economic growth expected to dip to three-year low

From bbc.co.uk

China is expected to report its weakest growth numbers in almost three years later on Friday as global and domestic issues hurt its economy. Analysts have forecast an average annual growth rate of 8.3% for the first quarter, down from 8.9% in the previous three months. Demand for China's exports has weakened in key markets such as the US and Europe. Beijing has found it tough to boost domestic demand to offset this decline. "The domestic demand side is a concern right now and that is what is going to come out in the data for the first quarter," Rajiv Biswas of IHS Global told the BBC. "The problem is that the ... (full story)

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