Reported about 8 hours ago
Despite experiencing its weakest growth in a year, China maintains that it is on track to meet its economic expansion target of around 5% for the year. The National Bureau of Statistics reported a 4.8% GDP growth for the third quarter, buoyed by booming exports, although weak retail sales and a contraction in fixed-asset investment indicate underlying vulnerabilities. As top leaders gather for essential planning discussions, fresh fiscal support may alleviate the need for immediate stimulus.
Source: YAHOO