China GDP forecast to be just under 7%

Economists are predicting the slowest growth rate in the country since the depths of the financial crisis

The importance of China to the global financial system is to be illustrated again on Monday as the world’s second-largest economy releases its estimate of third-quarter gross domestic product. China’s president Xi Jinping acknowledged concerns about the strength of his country’s economy on the eve of a state visit to the UK.

The report follows the crash of world stock markets in August on fears about the country’s economic robustness. Economists are now forecasting the slowest Chinese growth rate since the depths of the financial crisis.