China's Q3 economic growth data is here:
China Q3 GDP +0.2% q/q (expected +0.5%) and y/y is 4.9%
Helen Qiao is chief Greater China economist at Bank of America, speaking in an interview with Bloomberg TV:
- Q4 growth is likely to drop to 3%-4%,
- the investment side of demand is pretty weak
- and the power crunch impact on the supply side is also pretty severe
