China Q1 GDP growth seen dipping to 6-yr low, more policy stimulus on cards

April 14, 2015 9:00 PM

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BEIJING, April 15 (Reuters) - China's annual economic growth likely slowed to a six-year low of 7 percent in the first quarter as demand at home and abroad faltered, fanning expectations that authorities will have to roll out more policy stimulus to avert a sharper slowdown.

Chinese reform-minded leaders, while emphasizing the need to adapt to "a new normal" of slower but better-quality growth, have signalled growing concern about a deeper downturn that could fuel job losses and debt defaults.

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