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China's economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target

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China’s economy grows at a 4.6% rate in the last quarter, falls short of the official target

China struggles to meet the government's economic objective of 5% growth. According to new data from China's National Bureau of Statistics, released on Friday, the annual GDP growth rate in the three months to September was only 4.6%, the lowest since early last year.

China's economic growth has missed the 5% threshold for the second quarter in a row due to a housing crisis, poor consumers, and corporate confidence.

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China economy slowdown deepens, official figures show

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China economy slowdown deepens, official figures show

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