China’s economy recorded slower-than-expected growth in the third quarter as the country grapples with a worsening energy crisis and property woes.
The latest data released by China’s National Bureau of Statistics (NBS) on Oct. 18 showed the year-on-year gross domestic product (GDP) growth in the third quarter hit a year low at 4.9 percent, slowing from 7.9 percent in the second quarter.
