China Exceeds Growth Expectations Amid AI-Boosted Exports

China’s economic growth in the third quarter surpassed forecasts, bolstered by an upturn in exports driven by artificial intelligence technology. The country’s Gross Domestic Product (GDP) expanded by 4.5 percent in the period from July to September, exceeding the previous quarter’s growth of 4.3 percent and outperforming analysts’ predictions as reported by the National Bureau of Statistics. China’s GDP has seen a 4.6 percent increase year-on-year for the first nine months of this year, with a substantial portion attributed to the surge in technology-related exports during the AI boom. However, the economy continues to face challenges from weak domestic demand…