
China’s Economy Decelerates Further As Growth Slows To 6%, Lowest In Decades
China on Friday reported the slowest pace of growth in decades, as the world's second-largest economy expanded 6.0% in the third quarter.
That was shy of estimates. Consensus was looking for a 6.1% print.
Although the headline figure is, of course, managed, it still betrays the drag from the trade war and underscores the inherent precarity of the country's ongoing efforts to control leverage and transition to a more sustainable growth model amid a sluggish global economy and a bitter feud with