A tick for graft fight, but much more is needed

Economy | Ed Zhang

Economists are already making forecast before the government issues data on Oct 21 of economic growth in the third quarter.

Wang Jun, a government think-tank economist, says average GDP growth from January to September will be 7.3-7.4 percent year-on-year. Though that would be lower than the annual target of 7.5 percent, it would be acceptable to China's leaders. And if the leaders insisted on the annual target, it would not be too hard to gain some more growth in the last quarter, given that since last month most mainland banks have relaxed loan terms to home buyers.