China's economic growth is expected to fall below 7% for the first time since the global financial crisis in the third quarter, putting pressure on policymakers to roll out more support measures as fears of a sharper slowdown spook investors.
Chinese leaders have been trying to reassure global markets that Beijing is able to manage the world's second-largest economy after a shock devaluation of the yuan and a summer stock market plunge fanned fears of a hard landing.
But even the government concedes the economy is entering a slower growth phase after decades of breakneck expansion.
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Chinese leaders have been trying to reassure global markets that Beijing is able to manage the world's second-largest economy after a shock devaluation of the yuan and a summer stock market plunge fanned fears of a hard landing.
But even the government concedes the economy is entering a slower growth phase after decades of breakneck expansion.
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