China's growth slows to 8.1 per cent

China's growth slowed more than forecast last quarter to the least in almost three years, prompting economists to predict a rebound as Premier Wen Jiabao loosens policy to counter weak domestic and European demand.

Gross domestic product expanded 8.1 per cent from a year earlier after an 8.9 per cent gain in the fourth quarter, the National Bureau of Statistics said in Beijing yesterday.

© Copyright 2014, APN New Zealand Limited

Assembled by: (static) on production bpcf04 at 27 Dec 2014 11:18:53 Processing Time: 384ms