GDP in China grew in fourth quarter of 2011 by 8.9%. It is the slowest pace of growth in last two and a half years, as a result of lower European demand caused by financial crisis.
Analysts estimated last quarter increase even lower, to 8.7%
The real estate market also showed a weakness reflecting negatively at economic growth in China.
Totally in 2011 China’s GDP increased by 9.2%, against 10.4% in 2010.
On the other hand Chinese Industrial Production rose in December to seasonally adjusted 12.8% after 12.4% increase in previous month. Economist estimated increase to 12.3%
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