China's economy grows at slowest pace in 25 years
In 2015, China's economy grew by 6.9 percent, the country's slowest growth in 25 years.
In 2014, the economy grew by 7.3 percent. Beijing's official growth target was "about 7 percent," the BBC reports, with Premier Li Keqiang saying as long as plenty of new jobs were created, a slower growth rate would be satisfactory. China's national bureau of statistics also reported the economy grew 6.8 percent in the fourth quarter and 6.9 percent in the third quarter, the slowest quarterly rate in seven years. China is the world's second-largest economy.
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Catherine Garcia is night editor for TheWeek.com. Her writing and reporting has appeared in Entertainment Weekly and EW.com, The New York Times, The Book of Jezebel, and other publications. A Southern California native, Catherine is a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
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