China third quarter GDP grows 6.7 percent as expected as construction booms, debt rises

China's economy grew 6.7 percent in the third quarter from a year earlier, steady from the previous quarter and in line with expectations, as increased government spending and a property boom offset stubbornly weak exports. Real estate investment growth ticked up to 5.8 percent in January to September, a slight increase from 5.4 percent over the first eight months. "Looking ahead, we think that the cooling measures in property market will weigh on China's economy over the coming quarters," Comme