China's GDP grows 4.8% in 3rd qtr, slowest expansion in 1 yr

China's economy in the July-September period grew a real 4.8 percent from a year earlier, official data showed Monday, with the pace of expansion slowing to a one-year low amid a prolonged property sector crisis and weak domestic demand.The increase in inflation-adjusted gross domestic product of the world's second-largest economy decelerated from 5.2 percent in the previous quarter to the slowest pace since the 4.6 percent recorded in the July-September period of 2024.The latest figure was below an ambitious growth target of around 5 percent for 2025 set by Beijing, which has implemented s…READ FULL ARTICLE