China's Quarterly Growth Slows Further to 7 Percent

April 15, 2015 2:12 AM

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China's economic growth slowed to 7 percent in the first three months of this year, stepping up pressure on Beijing to reverse a deepening downturn.

The growth rate reported Wednesday was down from 7.3 percent in the final quarter of 2015 and China's weakest quarterly performance since the aftermath of the 2008 global financial crisis.

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