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China Cuts 2014 Economic Growth to 7.3% From 7.4%

BEIJING—China cut a expansion rate for final year to 7.3% from 7.4%, in a pierce expected to supplement to worries about a world’s No. 2 economy.

China’s statistics business pronounced on Monday that a country’s sum domestic product for 2014 totaled 63.614 trillion yuan, or about $10 trillion, down 32.4 billion yuan from a initial guess in Jan of this year. It pronounced a series could be revised one some-more time when it releases final results…

Article source: http://www.wsj.com/articles/china-cuts-2014-economic-growth-to-7-3-from-7-4-1441593730

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