Chinese economic growth data broadly in line with forecasts

By Michael Janda

The Australian dollar and mining stocks edged up from earlier lows in an initial response to China‘s official economic growth figures, released at 1:00pm (AEDT). China recorded 1. 5 per cent growth for the fourth quarter, 7. 3 per cent year-on-year and the economy expanded 7. 4 per cent over 2014 according to the statistics bureau.

Read more here: ABC


You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>