BEIJING (Pakistan Point News / Sputnik - 19th October, 2018) The growth of China's Gross Domestic Product (GDP) fell to 6.5 percent in the third quarter of 2018 due to Beijing's trade war with Washington, which did not surpass the official forecast but was lower than experts' expectations, the data of China's National Bureau of Statistics showed on Friday.
"According to preliminary calculations, China's year-on-year GDP growth in the first quarter of 2018 was 6.8 percent, it amounted to 6.7 percent in the second quarter and was 6.5 percent in the third quarter," the agency's report read.
Meanwhile, experts, cited by media, expected China's GDP growth to fall to 6.6 percent in the third quarter of 2018.
The authorities have said that the GDP growth will reach around 6.5 percent this year.
