China's economy is expected to have slowed in the third quarter, dragged by a prolonged property downturn and weak consumption, maintaining pressure on policymakers as they consider more stimulus steps to revitalise growth.

China's Gross domestic product increased 4.6% in the third quarter year-on-year. That's down from a 4.7% expansion in the second quarter, and the slowest pace since March 2023. Raymond Yeung, chief Greater China economist at ANZ,

British Foreign Secretary David Lammy said on Saturday that businesses wanted "stability and clarity" in trade with China, as London seeks to reset relations with Beijing under the new Labour government.

Britain’s foreign secretary has called engagement with China “pragmatic and necessary” as he makes the first visit to the country by a Cabinet member from the Labor government that took control in July.

British foreign secretary David Lammy will visit China on a two-day visit starting on Friday in a bid to improve relations between the two countries after years of tensions over security concerns and alleged human rights abuses.