EconomyChina’s third-quarter growth reaches 4.5%, but recovery is uneven as exports surge and new housing starts plunge
China’s GDP grew 4.5% year on year in the third quarter, bringing growth for the first nine months to 4.6%. Exports and advanced manufacturing supported activity, while consumption, investment and property remained weak. Analysts warned that reliance on external demand is becoming riskier and Beijing has limited room for major stimulus.
China’s third-quarter growth reaches 4.5%, but recovery is uneven as exports surge and new housing starts plunge
Economy