China's Q3 GDP Hits Weakest Pace Since Early 2023, Backs Calls for More Stimulus
BEIJING (Reuters) - China's economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and factory output figures beat forecasts last month a tumbling property sector remains a major challenge for Beijing as it races to revitalise growth.
At 4.6%, China’s Q3 growth weakest since early 2023 but slightly above estimate
China’s economy expanded at a slower-than-expected rate of 4.6 per cent in the July-September quarter, weakest since early 2023
China's Q3 GDP figures point at a slowing economy
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China's Q3 GDP grows 4.6% y/y, slightly above estimate
China's economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and industrial output figures for last month beat forecasts a tumbling property sector remains a big challenge for Beijing as it tries to boost growth.
China's Economic Growth Slows to 4.6% in Q3 Amid Ongoing Challenges
Overview of Chinas Q3 Economic Performance Chinas economy recorded a 4.6% year-on-year growth in the third quarter of 2024, slightly surpassing the 4.5% forecast from a Reuters poll but down from 4.7% in Q2.
China economy slowdown deepens, official figures show
China's economic slowdown deepened in the three months to the end of September, as the country struggles to boost flagging growth. Gross domestic product (GDP) rose by 4.6% on an yearly basis, below the government's 5% annual target,
China's Q3 GDP growth skids to slowest since early 2023
China's economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and industrial output figures for last month beat forecasts a tumbling property sector remains a big challenge for Beijing as it tries to boost growth.
China’s Lackluster Growth Continues, Signaling Why Beijing Acted on Economy
Falling prices, weak consumer spending and a housing market crash help to explain why the Chinese government is taking steps to stimulate the economy.
China Moves to Support Markets As Economic Growth Slows
China's central bank has moved to boost capital markets as new data showed the economy expanding the least in six quarters. The measures signal Beijing's intent to continue a stimulus push to draw a line under the country's slowdown.
China's CATL sees faster profit growth in Q3
Chinese electric vehicle battery giant CATL recorded a 26.0% rise in third-quarter profit year-on-year, a stock filing showed on Friday, as it maintains a lead over smaller rivals.
China's economy likely to have slowed in Q3, Beijing's 2024 target at risk
China's economy is expected to have slowed in the third quarter, dragged by a prolonged property downturn and weak ...
Chinese economy grows 4.6% in Q3 2024, narrowly exceeding expectations
The economy is “stabilising and picking up”, said the national statistics bureau. Read more at straitstimes.com.
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China saw 30 pct increase in border crossings in Q3
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China: September performance beats expectations – Standard Chartered
The better-than-expected Q3 outcome poses upside risk to our annual growth forecast of 4.8%, Standard Chartered’s economists ...