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China's economic growth hits 27-year low in third quarter

Beijing

CHINA'S economy continued its slowdown in the third quarter, hitting 6 per cent between July and September, compared to 6.2 per cent growth in the second quarter, said the National Bureau of Statistics (NBS).

This was its slowest rate in 27 years, and comes after that disappointing second-quarter performance, prompting analysts to expect further stimulus measures before the end of the year.

For the first nine months of the year, fixed-asset investment was up 5.4 per cent, against 5.4 per cent...

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