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China’s economic-growth figures, it could be argued, are probably the most closely watched in the world. From quarterly data to the annual GDP, markets and investors wait with bated breath in advance of headline figures from Beijing’s statistical boffins.
And in the third quarter of this year, anticipation over how the world’s second-largest economy had performed was even more feverish after a round of stimulus measures was unveiled, sending markets into a frenzy.
Consensus from analysts was that the third-quarter figure kept China in the hunt to hit its annual growth target, helped out by some positive monthly data for September.