Economists warn spillover effect of China economic slowdown

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China’s third-quarter economic growth numbers slowed more than expected to 4.9% from the same period last year, falling short of the 5.2% forecasted by a Reuters poll, but the growth has not yet bottomed, said economists.

Registering the slowest growth in a year, the sharp slowdown from 7.9% in the previous quarter took many people by surprise as the economy continued to rebound from the trough after stepping out of the shadow of the COVID-19 pandemic.


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