Chinese economy grows 7.4% in Q3

Chinese economy grows 7.4% in Q3

China’s gross domestic product expanded by 7.4 per cent in the third quarter from the same period a year earlier, marking the seventh consecutive quarter of slowing growth in the world’s second-largest economy. China is on track for its weakest annual growth since 1999 this year thanks to slowing domestic investment and limp demand from major export markets, particularly crisis-hit Europe, which has been the largest recipient of Chinese exports for years. http://link.ft.com/r/IOCBMM/MJQLFM/A7ZW81/NJZUTV/XBGXFM/LE/h?a1=2012&a2=10&a3=17