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China's economic growth slows to 24-year low of 7.4 percent, raising risk of job losses

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Published April 15, 2014Associated Press Facebook0 Twitter0 Gplus0 BEIJING – China's economic growth slowed to a 24-year low of 7.4 percent in the first quarter, raising the risk of job losses and a potential impact on its trading partners. The figure reported Wednesday by the government was down from the previous quarter's 7.7 percent. It came in below the full-year official growth target of 7.5 percent announced last month. ADVERTISEMENT ADVERTISEMENT Beijing is trying to guide China to slower, more sustainable growth based on domestic consumption rather than trade and investment following a...

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