China economy grows 3.9 percent year-on-year in third quarter


Source: manilastandard.net manilastandard.net

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China’s economy grew 3.9 percent year-on-year in the third quarter, according to official data released Monday, beating forecasts a day after President Xi Jinping was re-elected to a historic third term as leader. China’s President Xi Jinping stands with other new members of the Communist Party of China’s Politburo Standing Committee as they meet the media in the Great Hall of the People in Beijing on October 23, 2022. AFP Beijing last week delayed the release of the third-quarter growth figures—along with a host of other economic indicators—as the country’s leaders gathered in Beijing for the five-yearly Communist Party Congress....