China's Economy Expands 9.1 Percent in Third Quarter

China’s gross domestic product grew 9.1 per cent in the third quarter from a year earlier, the slowest pace since early 2009 and down from a 9.5 per cent increase in the second quarter, says the National Bureau of Statistics of China.

 

The country’s economic performance has been “generally good” this year and will continue at a rapid and stable rate, says Sheng Laiyun, spokesman for the NBS, noting that consumer price increases, have been “preliminarily contained” and would likely continue to ease in the last quarter of the year.

 

Meanwhile, the consumer price index rose 6.1 percent from a year earlier in September, down from a three-year high of 6.5 percent in July.
 

 

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