1, Moderate economic expansion isn’t all bad news, said Andrew Colquhoun of Fitch Ratings. “It means the economy is adjusting to a more sustainable path — we’d expect the economy to slow as it re-balances.”

2, Colquhoun said the People’s Bank of China will need to respond to weakening growth with further monetary easing. The central bank already cut interest rates twice since late last year in an attempt to boost investment and shore up the economy.

-- Andrew Colquhoun of Fitch Ratings told CNN on April 14