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It is still way above the global average... but the growth for the world′s second largest economy in the third quarter... slowed to its weakest in more than five years. Experts are raising concerns... citing a slowdown in one sector, in particular. Connie Kim tells us more. China′s third quarter GDP growth rate came to 7-point-3 percent. And while that is slightly above expectations, it represents the nation′s lowest level of growth since the global financial crisis in 2008. "In general, the economy has remained stable and actually improved over the first three quarters. But the environment domestically and internationally remains complex, and the economy is facing challenges." The slow growth was mainly attributed to its weak property sector. "I think property sector is something, you know, worry us quite a lot. It was the main driver for this current slowdown. If you look at the unsold housing in first-, second-, and third-tier cities, they remain quite high. Average sales volume fell by 20 or 30 percent. Property sales revenue dropped nearly nine percent in the first 9 months of 2014 on-year. Real estate investment climbed 12-and-a-half percent during the same period,... down from 13-point-2 percent recorded from January to August. Although exports, the main driver of industrial production, surged more than 15 percent in September on-year, experts say the weak quarterly figures may indicate a weaker performance in the domestic economy. This in turn could dampen demand for Chinese equities, commodities and currency. To counter, analysts say the Chinese government may be forced to cut its interest rate, especially if the quarterly growth rate slips below 7 percent. Connie Kim, Arirang News.