China's economy expands 7.4% in 2014; lowest since 1990
The government said Tuesday that growth in the fourth quarter of last year was 7.3%, unchanged from the previous quarter, which was the slowest expansion in five years. While a 7.4% jump in GDP for 2014 would thrill most nations, for China it means its slowest growth in 24 years. Ref. USAToday
China cuts interest rates for fifth time since November amid slowing economy and stock market rout.
Move comes as European markets bounce back and Wall Street stock futures rocket higher several hours ahead of the opening of U.S. Stock markets on Tuesday. Ref. USAToday
China pledges $2 billion to help poor states meet U.N. Goals:
"China will continue to increase investment in the least developed countries, aiming to increase its total to $12 billion by 2030," Xi told a sustainable development summit of world leaders at the United Nations in New York. Ref. Source 5n
Chinese economy grew 6.9% in 2015; meets expectations
The Chinese economy grew 6.9% in 2015, the slowest rate in 25 years, but in line with government and analyst expectations. Ref. USAToday