decline

China’s economic growth slumps to 25-year low

China’s economy grew 6.9 percent in 2015, GDP figures released on Tuesday showed, the lowest level of growth in 25 years. Chinese leaders are trying to reduce reliance on trade and investment by nurturing slower, more self-sustaining growth based on domestic consumption and services. But the unexpectedly sharp decline over[…]

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Too early to celebrate: Cosatu

It is too early to celebrate the drop in South Africa’s unemployment rate in the fourth quarter of 2014, Cosatu said on Tuesday. The Congress of SA Trade Unions said it was pleased to hear South Africa’s unemployment rate declined to 24.3 percent, from 25.4 percent in the third quarter[…]

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