China Records 4.8% GDP Growth in Q3, Meets Forecast Expectations

China's economic growth in the third quarter of this year has settled at 4.8%, matching the anticipated figures. This pace highlights a deceleration in the country's economy, with both domestic and global factors contributing to this trend. Amidst ongoing trade tensions and internal economic challenges, this rate comes as no shock. However, the in-line performance has not tempered concerns about the future course of China's economic growth. On the positive side, this result keeps China within the targeted trajectory set by policy makers earlier this year. As anticipated, efforts to stabilize the economic landscape faced headwinds that translated into the…