Financial Times FT.com

Indicators hint China on verge of slowdown

By Geoff Dyer in Beijing

Published: October 19 2008 16:22 | Last updated: October 19 2008 16:22

China will indicate on Monday whether its economy faces a hard landing when third-quarter gross domestic product figures are announced.

After a bumper 2007, which saw GDP expand nearly 12 per cent, growth in China has been slowing and fell to 10.1 per cent in the second quarter.

Producing steel at a mill in Baotou, China. Steel prices have fallen 20 per cent over the past three months and there are reports of steelmakers closing because of falling demand

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