China Q3 GDP growth tops forecasts but meaningful rebound elusive


Source: rappler.com rappler.com

Key Topics in this News Article:

News Snapshot:

OUTBREAK. A man wearing a face mask rides a bike on a street following the coronavirus outbreak, in Shanghai, China, October 13, 2022. Helped by a raft of government measures, the world's second biggest economy expands 3.9% in July-September 2022 from a year earlier BEIJING, China – China’s economy rebounded at a faster-than-anticipated clip in the third quarter, but a more robust revival in the longer term will be challenged by persistent COVID-19 curbs, a prolonged property slump, and global recession risks. Helped by a raft of government measures, the world’s second biggest economy expanded 3.9% in July-September from a...