S.KoreaQ1 growthat a three-quar­ter low

China Daily (Canada) - - BUSINESS -

South Korea’s first-quar­ter eco­nomic growth fell to the low­est in three quar­ters, boost­ing con­cerns about a pro­longed low-growth trend, cen­tral bank data showed on Tues­day. Real gross do­mes­tic prod­uct reached 371.85 tril­lion won ($323.9 bil­lion) dur­ing the Jan­uary-March pe­riod, up 0.4 per­cent from the pre­vi­ous three-month pe­riod, ac­cord­ing to the Bank of Korea. The firstquar­ter growth was the low­est since the sec­ond quar­ter of 2015 when the real GDP rose at an iden­ti­cal rate of 0.4 per­cent due to neg­a­tive im­pacts from theMid­dle East Re­s­pi­ra­tory Syn­drome out­break.

WU LIUHONG / FOR CHINA DAILY

A de­signer helps a cus­tomer try on a cus­tom­ized silk scarf de­signed by her stu­dio in Taiyuan, cap­i­tal of Shanxi prov­ince. It is the first such stu­dio to have opened in the city. Tai­lor-made prod­ucts are be­com­ing in­creas­ingly pop­u­lar among con­sumers.

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