Growth pangs

What China's slowing economy means to the rest of the world

China is slowing. It grew by 7.3 percent in the third quarter, the weakest quarterly growth for 66 months, according to the National Bureau of Statistics.

Although some expect a slight rebound in the final quarter, the consensus among economists is that the world's second-largest economy, which is now set to grow at its slowest annual rate for 24 years, is entering a new phase.