China growth slows to record low

China’s economy slowed in the first quarter to its weakest pace on record, but an improvement in data for March offers tentative signs that the worst may be over for the world’s third-largest economy, reports Reuters. Annual GDP growth fell to 6.1%, down from 6.8% in the preceding quarter and slightly below economists’ forecasts of a 6.3% rise - marking the weakest growth since quarterly records began in 1992.