China's economic growth at record low in Q1

16 April 2009 09:32  [Source: ICIS news]

SHANGHAI (ICIS news)--China has recorded its slowest annual economic expansion of 6.1% in the first quarter based on  data released by the National Bureau of Statistics on Thursday.

This represented a fourth consecutive quarter of slowing growth caused by tumbling exports as the global recession continued to pummel demand from end-consumer markets.

Total shipments of goods out of China declined 17.1% year-on-year in March following a 25.7% plunge in the previous month.

($1 = CNY6.83)

To discuss issues facing the chemical industry go to ICIS connect

By: Dolly Wu
+65 6780 4359

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly