Economics
Beyond the Headlines: Five Things to Watch in China’s GDP Report
- Monday releases will include property, infrastructure gauges
- GDP breakout will offer a peek at what's driving growth
Could China's Economy Be Bigger Than People Think?
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From Janet Yellen to anxious Shanghai retirees who poured their savings into stocks, eyes worldwide will turn to Beijing on Monday for the 10 a.m. release of the third-quarter gross domestic product report. (That’s 10 p.m. Sunday on Wall Street.)
The world’s second-largest economy probably grew 6.8 percent from a year earlier, according to the median estimate of economists surveyed by Bloomberg News. That would be the slowest quarterly pace since 2009. Growth came in at 7 percent in both of the first two quarters, in line with Premier Li Keqiang’s target for the full year. He stuck to that Tuesday, telling a group of government officials China should hit its growth goal this year.