China fourth-quarter growth seen dipping to 6.4% as domestic, export demand coolsl

Analysts polled by Reuters expect the world’s second-largest economy to have grown 6.4 percent in the October-December quarter from a year earlier, slowing from the previous quarter’s 6.5 percent pace and matching levels last seen in early 2009.Chinese policymakers have repeatedly pledged more support for the economy while vowing they will not resort to “flood-like” stimulus that Beijing has unleashed in the past, which quickly juiced growth rates but left a mountain of debt.

As the economy loses steam, top leaders are closely watching employment levels as factories could be forced to shed more workers.On a quarterly basis, growth likely eased to 1.5 percent in Oct-Dec from 1.6 percent in the preceding period, analysts said.Activity will likely cool further in the current quarter …