China’s GDP growth dropped to an annualised 8.9% in the last quarter of 2011
Jan 17th, 2012 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
China's GDP (gross domestic product) growth dropped to an annualised 8.9% in the last quarter of 2011, compared with a year earlier, confirming that Asia's growth engine is slowing. The annualized quarter-on-quarter rate sank to 8.2%, significantly below the third quarter’s 9.5%.