The Traderszone Network

Published in TZ Latest News 20 October, 2014 by The TZ Newswire Staff

China posts slowest growth since global crisis, more stimulus expected

China’s economic growth slowed in the third quarter to its weakest since the 2008/09 global financial crisis as a slumping property market dragged on manufacturing and investment, adding to concerns about flagging global growth. The slowdown reinforced expectations that Beijing will need to unveil more stimulus measures to avert a sharper slowdown, though analysts appeared divided over whether policymakers would continue to roll out more modest support steps or take more aggressive action such as cutting interest rates.

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