China Q3 GDP growth rate at 4.9%

According to National Bureau of Statistics of China, China’s Q3 GDP growth stood at 4.9%, compared to 7.9% a quarter earlier; growth of social consumer goods retail sales rebounded to 4.4% on year in Sep, but retail sales of apparel, shoes, hat and knitted goods dropped by 4.8% on year; industrial added value of companies above designated size increased by 3.1% on year in Sep.