Growth: Asset Investment and Gdp

growth: Key points:China GDP growth has been stable at 6.7pc for three straight quarters Retail sales and fixed asset investment improved Industrial production fell and missed expectations Over the quarter GDP growth rose 1.8 per cent, the same rate as the second quarter and up from 1.2 per cent in the first quarter, according to Australian Broadcasting Corporation. A National Bureau of Statistics spokesman said the property sector contributed 8 per cent to China January-September growth, according to Reuters. Map: China China economic growth has stabilised at 6.7 per cent in the third quarter, in line with market expectations. Other key monthly data for September from China National Bureau of Statistics were also largely in line with expectations, except for factory output which again disappointed. Industrial production was a substantial miss though, growing at 6.1 per cent, down from 6.3 per cent in the previous month. Fixed asset investment - which is a proxy for property and infrastructure spending - was up 8.2 per cent in the year to September, while retail sales came in at 10.7 per cent growth, a little stronger than August. (news.financializer.com). As reported in the news.