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21/10 18:41 CET

China set for first GDP target miss since 1999

China set for first GDP target miss since 1999

For the first time in 15 years China looks likely to miss its GDP growth target for 2014. GDP grew by 7.3% in the third quarter, the lowest rate since the start of 2008. Although factory output was up and the labour market remains stable, the property market continued to slow down, and consumers are still not buying enough. Analysts…