China economy posts slowest growth in 25 yrs

BEIJING: China’s economy grew at its slowest pace in a quarter of a century last year as it undergoes a difficult transition, data showed on Tuesday, escalating concern over a crucial driver of global expansion.

The 6.9 percent figure was the slowest in the People’s Republic since the 3.8 percent of 1990, a year after the bloody Tiananmen Square crackdown rocked the country and isolated it internationally.