China's economic growth eases to 4.9 per cent in third quarter
2021-10-19 09:46:07 source：The Straits Times
October 18, 2021
BEIJING - China's economy grew 4.9 per cent in the third quarter of this year as the world's second-largest economy continued to slow down against the backdrop of energy shortages, fresh Covid-19 outbreaks and a more sombre property market in the country.
The quarterly result released on Monday (Oct 18) was largely in line with the expectations of analysts of 5 per cent in an earlier Bloomberg poll.
China reported 18.3 per cent year-on-year growth between January and March this year, and 7.9 per cent in the following three months, compared with the same period last year.
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