China's economic growth at six-year low, making further stimulus more likely

China’s economy grew at an annual rate of 7.0% in the first three months of 2015, its slowest rate in six years

China’s economy grew at its slowest rate in six years in the first three months of this year, reinforcing bets that policymakers will be forced to introduce more stimulus measures.

Economic output grew 7% in the first quarter on an annual basis compared with a year ago, confirming expectations of slowing expansion. In the last quarter of 2014, the economy grew 7.3%.

Related: China's economy: hard landing or welcome rebalancing?

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