Jan. 19, 2015, 9:10 p.m. EST

China's fourth-quarter growth beats forecasts

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By Richard Silk

BEIJING--China's gross domestic product rose 7.3% on year in the fourth quarter of 2014, matching the rate in the third quarter, the country's National Bureau of Statistics said Tuesday.

The increase was just above a median 7.2% gain forecast by 17 economists in a Wall Street Journal survey.

That brought growth for the whole year to 7.4%, down from 7.7% in 2013. The Journal's poll had forecast 7.3%.

The Chinese economy expanded 1.5% from the previous quarter on a seasonally adjusted basis, the statistics bureau said. In the third quarter, the figure was 1.9%.

Write to Richard Silk at richard.silk@wsj.com

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