Mixed Results for China’s Economy in Third Quarter Amid Global Challenges

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China’s economy faced a mix of challenges and opportunities in the third quarter, showcasing a growth rate slightly above expectations but still falling within the lower end of the annual target range set by Beijing. The National Bureau of Statistics reported a 4.5 per cent expansion in GDP for July-September, boosted by a surge in exports offset by weak domestic demand. This growth, though improved from the previous quarter, hints at signs of a shifting economic landscape for the world’s second-largest economy. The ongoing dichotomy within China’s economic trajectory was evident, with a flourishing export sector driven by AI innovation…

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