Business

China’s economy grows 4.9% in the third quarter

1 Mins read

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.

China’s economy expanded by 4.9% in the third quarter, compared to a year ago, the National Bureau of Statistics said on Wednesday.

The figure was higher than the estimate of 4.4% growth from a Reuters poll of economists.

On a quarterly basis, the economy increased by 1.3% in the July-to-September period, compared to 0.8% growth in the previous three months.

This is a developing story and will be updated.

Read the full article here

Related posts
Business

HSBC increases bad loan provisions amid tariff tensions

1 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC has…
Business

Mediobanca launches €6.3bn deal to acquire Banca Generali

1 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Italy’s Mediobanca…
Business

Brands target AI chatbots as users switch from Google search

3 Mins read
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Advertising groups…
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *