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China's 2015 growth hits 25-year low of 6.9%

World's second largest economy struggles with overcapacity, ailing manufacturing sector and indebted local governments

Published Tue, Jan 19, 2016 · 09:50 PM

    Singapore

    CHINA'S economy grew 6.9 per cent in 2015 - its slowest pace in 25 years, adding pressure on Beijing which is steering the country on a more sustainable growth path while avoiding a hard landing.

    After more than a decade of double-digit growth, the world's second largest economy is struggling with overcapacity, an ailing manufacturing sector and indebted local governments.

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