China growth slows for sixth consecutive quarter

china-flag

The National Bureau of Statistics of China today (July 13) revealed that GDP had grown by 7.6% year-on-year in the second quarter of 2012, 50 basis points lower than the figures for the first quarter.

This was the sixth consecutive quarter that growth has slowed, according to the Chinese official Xinhua news agency. GDP growth was 10.3% in 2010, slowing to 9.2% in 2011 and 8.1% in the first quarter of 2012.

Nevertheless, Sheng Laiyun, spokesman for the statistics bureau, tried to pull out the po

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: