China economy grows faster than expected, but falls short of targets as risks loom

China's economy rebounded at a faster-than-expected pace in the third quarter, but strict Covid-19 curbs and fears of a global recession have meant that growth was still well below the nation's full year targets. Gross domestic product in the world's second-biggest economy rose 3.9% in the July to September quarter year-on-year, official data showed on Monday. That was above the 3.4% forecast in a Reuters poll of analysts. Multiple polls of economic analysts forecast full year growth to slow to between 3.2% and 3.4% in 2022, far below the official target of around 5.5%, marking China's weakest growth in four…