By Iris Pang, Economist, Greater China
China's economy grew at the target rate of 6% in the third quarter, and despite uncertainty over the trade war, we are raising our forecast for fourth-quarter growth
The perfect 6
GDP grew by 6% in the third quarter, down from 6.2% year-on-year in the second quarter.
Infrastructure projects are the pillar of growth
The main growth driver was still infrastructure projects. These projects have moved from the investment stage to the production stage. Fixed asset investment growth stabilised at 5.4% from 5.5% in August. The transition from investments