China's economy likely slowed in the third quarter, data is expected to show on Wednesday, weighed by persistently weak demand, although increased stimulus has improved the prospects Beijing might be able to hit its full-year growth target.
The world's second-largest economy faltered in the second quarter after a brief post-COVID recovery, dragged by a property downturn and huge debt due to a decades-long infrastructure binge.
GDP data is due on Wednesday at 0200 GMT. Separate data on September activity is expected to show retail sales growth picking up but factory output slowing. "Beijing may have also shifted to wait-and-see mode, as it assesses the impact of stimulus measures rolled out in the past few months," said Ting Lu, chief China economist at Nomura, in a note.
Economic growth is seen hitting 5.0% this year, according to the poll, broadly in line Beijing's full-year target, before slowing to 4.5% in 2024.
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