Asia

China's economy slows to 6.7 percent, lowest since crisis

Associated Press
Published | Updated

A man walks between vehicles in the parking lot of a refitting factory in Qingdao in east China's Shandong province Friday, April 15, 2016. China's economic growth slowed in the first quarter to 6.7 percent compared with the previous year, according to official data released Friday, April 15, 2016. (Chinatopix Via AP) CHINA OUT (The Associated Press)

In this Wednesday, April 13, 2016 photo, workers sit on a truck near containers at a port on the Yangtze River in Yichang in central China's Hubei province. China's economic growth slowed in the first quarter to 6.7 percent compared with the previous year, according to official data released Friday, April 15, 2016. (Chinatopix Via AP) CHINA OUT (The Associated Press)

In this Wednesday, April 13, 2016 photo, a child eats ice cream as he is pushed past a car advertisement in Beijing. China's economic growth slowed in the first quarter to 6.7 percent compared with the previous year, according to official data released Friday, April 15, 2016. (AP Photo/Ng Han Guan) (The Associated Press)

Official data shows that China's economic growth has slowed in the first quarter to 6.7 percent compared with the previous year.

Friday's report showed that the world's second largest economy grew at its slowest pace since the global financial crisis in 2009.