Fri, 13 Apr 2012 08:26:29 GMT
China's economy expanded less than expected in Q1
China's GDP grew less than initially expected in Q1 of 2012, reported China Statistics Bureau. Country's economy expanded by 8.1% in Q1 on an annual basis while experts predicted the GDP to grow by 8.4%. Many economists even hoped by 9.0% expansion. Meanwhile industrial production rose by 11.9% whereas retrial sales advanced by 14.8% in the period.