China’s GDP grows 6.7 percent in the third quarter, hitting expectations but raising questions about 3 possible outcomes of a broader slowdown
China's economy grew 6.7 percent in the third quarter, a rate matching that of the first and second quarters and indicating a broader slowdown by historical standards. Experts see three potential outcomes to the end of the nation's years of blistering growth led by exports and investment: a debt-engendered financial crisis similar to the global one that occurred in 2008; a reinvigoration of the economy through government and private investment; and a long period of economic stagnation similar to what Japan experienced.
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Monday, October 24
Oct 24, 2016