The slowing Chinese economy is still able to reach a 10 percent growth

Chinese economy increased by an annual 9.6 percent in the third quarter of 2010. It is 0.7 percentage points slower than in the April-June period – reported to the Chinese Bureau of Statistics.

The National Bureau of Statistics today reported, that in the July-September period, the Chinese economy grew by 9.6 percent, 0.1 percentage points faster than what analysts expected, and 0.7 percentage points slower, than in the previous quarter.
While growth is slowing, inflationary pressures intensified. According to the datas of  the statistical office; in September consumer prices were 3.6 percent higher than a year earlier – reports portfolio.hu.