外文标题：China’s GDP slows to 7%, the weakest rate since 2009
HONG KONG: China’s economy grew in the first three months of 2015 at its slowest quarterly pace in six years, dragged down by an industrial slowdown and a weak housing market, the government announced Wednesday.
Gross domestic product rose 7 percent from a year earlier, in line with economists’ forecasts. While the growth rate means China still ranks as one of the world’s fastest growing major economies, it marked the country’s slowest quarterly expansion since early 2009, when it was still feeling the effects of the global financial crisis.
China’s Communist Party leadership has lowered its official growth target for this year to around 7 percent. This would be the nation’s slowest annual expansion in 25 years, but leaders have said this is a price that needs to be paid in order to reduce the economy’s reliance on credit-fueled growth and get everyday shoppers to spend more of their savings.
Siba Parija (Unknown)
This is best movement for India to climb upwards. China in down stream and we should take positive decision to over take to challenge Chinese growth. We should not loose the big movement, rather en-cash the same.
Aam Aadmi (India)
Bottomline is that China story is over. This plummeting of economic indices is not a normal transition from a developing economy to a developed one. It is acute, steep and unexpected.
7% GDP of a major economy is much bigger than 25% of a small economy! Yet, the GDP growth is not important as far as common man is concerned, where its China or India or even USA! Growth, of wealth accumulation is for few very influential people, rich people, the capitalists not for peasants and workers!
kumarapuram dharmarajan viswanaatha (Unknown)
Nothing unusual or extraordinary in it. Such things happen even in the case of economic giants.
India must use tis opportunity well and develop it’s market
China has been investing huge sums of money in unwarranted mega projects. It is now the maximum capitalist country in the world, in spite of its comm*ist banner. It now need more captivated market and slave labours. But it has exploited all its resources. India (read Modi) should be careful to follow China’s model.
this growth had now been transferred to other emerging economies like India and far east
Just another 5 years of BJP government and india will going 50 years back .. Soon religion war going to be start in india in every state and everthing will be finished .. Outsider Policy Devide and rules is going to be sucssesful in india