14-10-2015 09:12 via news.yahoo.com

China third-quarter growth seen dipping to 6.8 percent, weakest since 2009

By Kevin Yao BEIJING (Reuters) - China's economic growth is expected to fall below 7 percent for the first time since the global financial crisis in the third quarter, putting pressure on policymakers to roll out more support measures as fears of a sharper slowdown spook investors. The CICC expects the central bank to deliver another 25-basis point (bps) cut in interest rates and two cuts in bank reserve ratios totaling 100 bps by year-end.
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