► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />China's growth rate rose back to 7.8 per cent in the third quarter, but according to Liu Li-Gang, ANZ's chief China economist, that growth still relies on investment more than consumption and the rebound is unlikely to continue.<br /><br />He tells the FT's Josh Noble that local government debt is a big potential problem and that he expects reforms to come out of next month's political gathering in Beijing.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k<br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes