China economy grows 6.9 percent in third quarter, weakest since 2009 | Reuters

According to Reuters, China posted its weakest quarterly economic growth since the global financial crisis on Monday, raising pressure on policymakers to cut interest rates further and roll out other support measures to avert a sharper slowdown.

Source: China economy grows 6.9 percent in third quarter, weakest since 2009 | Reuters

The reaction in Asian financial markets has been a strong rebound – the reaction reflects that China has averted a hard landing, BUT it looks like Q3 is the quarter to watch carefully.

Thoughts?

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