Asian markets calm as China's GDP slows less than expected

China's economy is forecast to grow this year at a slower pace than last year's 7.3 percent, which was the worst annual rate in almost a quarter of a centuryChina’s economy grew at its weakest pace since the global financial crisis in July-September, official data showed Monday, fuelling speculation Beijing will unveil fresh stimulus measures. Support also came from hopes a US interest rate rise will be put back to next year. The National Bureau of Statistics (NBS) said growth came in at 6.9 percent, the weakest since 2009 at the height of the global recession but better than the 6.8 percent tipped by analysts in an AFP survey.

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