Underwhelming third quarter GDP growth has stoked fears of more economic pain ahead. Photo: Reuters
Underwhelming third quarter GDP growth has stoked fears of more economic pain ahead. Photo: Reuters
China GDP

China GDP: slowdown in third quarter growth ramps up fears of more economic trouble ahead

  • China’s gross domestic product (GDP) in the third quarter grew by 4.9 per cent from a year ago, down from 7.9 per cent growth in the previous quarter
  • The overall economic picture has ignited concerns about stagflation, which occurs when an economy is hit by slow growth, high inflation and unemployment

Underwhelming third quarter GDP growth has stoked fears of more economic pain ahead. Photo: Reuters
Underwhelming third quarter GDP growth has stoked fears of more economic pain ahead. Photo: Reuters
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