China growth down to three-year low

AOL Money Staff
Chinese construction site
Chinese construction site

Alexander F. Yuan/AP/Press Association Images

China's economic growth slowed to a new three-year low in the latest quarter as exports and consumer spending weakened.

The world's second-largest economy grew by 7.6% in the three months ending in June over a year earlier, down from the previous quarter's 8.1%, data showed.