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China Q3 economic growth slows to 7.3% on year; up 1.9% on quarter

China Q3 economic growth slows to 7.3% on yr; 9-month avg at 7.4%

SINGAPORE (ICIS)--China’s economy expanded at a slower annual pace of 7.3% in the third quarter, compared with the 7.5% increase posted in the previous three months, according to official data released on Tuesday.

On a quarter-on-quarter basis, the world’s second biggest economy posted a 1.9% growth.

In the first nine months of 2014, China’s GDP growth averaged 7.4%, lower than the official full-year target of 7.5%, data from the country’s National Bureau of Statistics (NBS) showed.

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