China growth slows to four-year low

Growth in the communist state fell to 9% in the third quarter, well below the 10.4% posted the previous period. GDP increased 9.9% over the first three quarters of the year, 2.3 percentage points lower than the same period in 2007. “The international financial market is turbulent and changeable, the growth rate of world economy slows down noticeably, there are more uncertain and volatile factors in international economic climate,” China National Bureau of Statistics spokesman Li Xiaochao says. “All these factors start to release their negative impacts on China’s economy.” Contact: H...