Economic growth in China slows
Updated on 20 October 2008
China's economic growth slackened to 9% in the third quarter of this year, its slowest in more than five years.
The news came as leaders pledged to boost lending, hike export rebates and slash taxes on housing transactions to help cushion the blow from the global credit crisis.
Growth in the first nine months of the year was 9.9 per cent over a year earlier, the National Statistics Bureau reported. That compares with 11.9% growth for all of 2007.
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