China's economy stumbles on power crunch and property woes

A woman wearing a face mask smokes as she walks by construction cranes stand near the skyscrapers at the Central Business District in Beijing, Monday, Oct. 18, 2021. China's economic growth sank in the latest quarter as a slowdown in construction and curbs on energy use weighed on its recovery from the coronavirus pandemic. - AP

BEIJING, Oct 18 (Reuters): China's economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market and raising pressure on policymakers to do more to prop up the faltering recovery.

Data released on Monday showed gross domestic product (GDP) grew 4.9% in July-September from a earlier, the weakest clip since the third quarter of 2020 and missing forecasts.