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China's economy grew 7.7% in first quarter

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(Globalpost/GlobalPost)

China's economic growth slowed to 7.7 percent in the first quarter of this year, the government said Monday, a shock result that came in below expectations.

The result, announced by the National Bureau of Statistics, compared with a median 8.0 percent forecast in a poll of 12 economists by AFP. China's economy expanded 7.9 percent in the fourth quarter of last year.

kgo/pdh

http://www.globalpost.com/dispatch/news/afp/130414/chinas-economy-grew-77-first-quarter