| China’s economy would have grown at less than 6 per cent in the first quarter of the year were it not for the collapse in global commodity prices, according to data reviewed by the Financial Times. The latest evidence of a Chinese economic slowdown, which comes amid sharp falls in the country’s equity markets, will add to growing doubts over whether Beijing can achieve its 7 per cent growth target for the year.
At its first-quarter briefing in April, China’s National Bureau of Statistics (NBS) reported that gross domestic product had risen 7 per cent, but did not provide a breakdown of the figure into its three components — consumption, investment and net exports...............................................Full Article: Source
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