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    AIU provisionally suspends Twinkle Chaudhary for use of prohibited substance

    AIU provisionally suspends Twinkle Chaudhary for use of prohibited substance

    Bazball Brilliance: England Chase 371 to Stun India in Anderson-Tendulkar Trophy

    Bazball Brilliance: England Chase 371 to Stun India in Anderson-Tendulkar Trophy

    Cricket World Mourns: Former India Spinner Dilip Doshi Passes Away at 77

    Cricket World Mourns: Former India Spinner Dilip Doshi Passes Away at 77

    Headingley Test: England Face 350-Run Chase as Rahul, Pant Centuries Set Up Thrilling Test Finish

    Headingley Test: England Face 350-Run Chase as Rahul, Pant Centuries Set Up Thrilling Test Finish

    Rishabh Pant Rewrites Records with Twin Tons at Headingley

    Ind vs Eng 1st Test: Rishabh Pant Rewrites Records with Twin Tons at Headingley

    Rahul takes India’s lead to 96 runs after Bumrah’s fifer keeps England to 465

    Ind vs Eng 1st Test: Rahul takes India’s lead to 96 runs after Bumrah’s fifer keeps England to 465

    Ind vs Eng Test 1: Josh Tongue Stars as India Crumble from 430/3 to 471 All Out

    Ind vs Eng Test 1: Josh Tongue Stars as India Crumble from 430/3 to 471 All Out

    Stokes’ Decision Right, Execution Wrong

    IND vs Eng 1st test: Stokes’ Decision Right, Execution Wrong, Says Broad After India’s Batting Blitz

    Anderson-Tendulkar Trophy: Gill, Jaiswal Lead India's Charge with Centuries at Headingley on Day 1

    Anderson-Tendulkar Trophy: Gill, Jaiswal Lead India’s Charge with Centuries at Headingley on Day 1

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Home Share Market

China growth hits 25-year low

Lakshmi Puri by Lakshmi Puri
January 20, 2016
in Share Market
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ProMASS News Bureau: Jan 20, 2016:

Asia markets retreat as China growth hits 25-year low; China’s output of electric power and steel fell for the first time in decades in 2015, while coal production dropped for a second year in row. China’s economy grew at its slowest rate in a quarter of a century in 2015, data released on Tuesday showed, increasing pressure on Beijing to address fears of a prolonged slowdown and ease the jitters affecting global markets.

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The full-year growth of 6.9% was only just short of government expectations of 7% but by contrast, growth in 2014 stood at 7.3%. The slide from the previous quarter was expected, but will add to concerns about the health of the world’s second-biggest economy as it confronts a range of challenges, including weak exports, high debt levels and slowing investment. China’s industrial output in December rose 5.9% from a year earlier, compared with forecasts for a 6% increase.

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