China economic growth at 14-year low: BBC

China economic growth at 14-year low: BBC

YEREVAN, January 20. /ARKA/. China's economy, the world's second-largest, grew at its slowest pace in 14 years in 2013, official figures show.

Its gross domestic product (GDP) expanded 7.7% from a year ago, the slowest pace of growth since 1999.

The growth rate was higher than the government's target of 7.5% and the same as in 2012.

The data highlights the challenge policymakers face in sustaining China's high growth rate as they look to rebalance the economy.—0--

11:07 20.01.2014

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