China’s economic growth slowest in almost 30 years – business live

Rolling coverage of the latest business and economic report, as fresh data demonstrates Chinese GDP grew at its weakest rate since the early 1990 s

8.53 am BST

It’s been a pretty lacklustre start to the Friday session across European sells:

As the pound holds its breather ahead of’ super Saturday’, the markets dealt with another disastrous- well, relative to the country’s usual performance- figure out of China.

Coming in at a worse than forecast 6.0%, China’s third quarter GDP reading saw rise at its lowest for practically 3 decades … The country is clearly continuing to feel the busines struggle crush, putting all the more pressure on the so-far insubstantial- and uncertain, given the dispute over Hong kong residents-‘ partial commerce deal’ announced last weekend.

8.42 am BST

Over in Europe, carmakers are taking a reached after Renault cut its sales guidance and profitability predictions.

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Read more: theguardian.com

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