Martin Holverda/iStock/Thinkstock(BEIJING) — China’s economy saw its growth drop slightly in the third quarter of the fiscal year, reporting the slowest growth since 2009.
The country’s National Bureau of Statistics reported 6.5 percent growth between July and September — down from 6.8 percent in the first quarter and 6.7 percent in the second. Bloomberg News cites trade tensions and a down period for the Chinese stock market as having significant impacts.
Chinese officials have pledged to support the economy by cutting costs for companies.
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