China's rapid economic growth slows in third quarter
China says its economy has maintained robust growth in the third quarter of 2010, but at a slightly lower rate.
Official figures show a drop from just over 10% growth to 9.6%.
This leaves China still far ahead of any major economy, but experts fear the slowdown will reduce the contribution China can make to a global recovery.
The Chinese government has recently taken measures to cool a credit boom in order to achieve more sustainable growth levels.
Posted by Đinh Quang Huy
on Thursday, October 21, 2010. Filed under
