China economy slowdown deepens, official figures show

Gross domestic product rose by 4.6% on a yearly basis, below Beijing's "around 5%" annual target.

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On an annual basis, gross domestic product (GDP) rose by 4.6% in the three months to the end of September, according to China's National Bureau of Statistics.

That is less than the previous quarter and below the government's "around 5%" target for this year.

But it was slightly better than analysts expected, while other official figures released on Friday, including retail sales and factory output, also beat forecasts.

In recent weeks, Beijing has announced a number of measures aimed at supporting growth.

https://www.bbc.com/news/articles/crr54x00857o

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