China's economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market.
Shoppers pass by the front of an Adidas store on Oct. 16, 2021, in Beijing. Bucking the negative trend, Chinese retail sales grew in the third quarter.
Overall industrial output rose just 3.1 percent in September compared with a year earlier, marking the slowest growth since March 2020, during the first wave of the pandemic. On a quarterly basis, growth eased to 0.2 percent from July to September compared with a downwardly revised 1.2 percent in the second quarter.
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