No Hard Landing For The Chinese Economy Yet...

No Hard Landing For The Chinese Economy Yet...

Still, growth is likely slower than government’s official rate.

Chinese growth officially slowed to a 6.9% pace in the third quarter. Unofficially is another matter. Power output has been virtually flat in China this year and commodity imports are down sharply, signaling a more serious slump in the industrial sector. But consumer spending and services continue to rise.

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