CHINA TOPIX

China Slashes Economic Growth Rate to Modest 6.5% for 2017

Girish Shetti   |

Mar 05, 2017 07:48 AM EST

China will cautiously chart the economic path in 2017 as the world's second largest economy slashed its projected economic growth rate for the current year to a new low. The cut in the country's projected economic growth rate was more or less expected after the Chinese economy endured nothing short of an economic tsunami last year.