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CHINA'S ECONOMY ACCELERATES TO 4.5% IN Q3

CHINA'S ECONOMY ACCELERATES TO 4.5% IN Q3

China's gross domestic product grew 4.5% year-on-year in the third quarter, topping the 4.4% forecast and accelerating from 4.3% in the second quarter, data from the National Bureau of Statistics showed. The pickup leaned on exports and technology manufacturing rather than the property sector, which continues to weigh on domestic demand. For traders, the print keeps Beijing's annual growth target within reach and leaves the $FXI China ETF tracking whether exports can keep offsetting a sluggish housing market.

@55 Markets·1h ago·Source: Investing.com
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CHINA'S ECONOMY ACCELERATES TO 4.5% IN Q3 | @55 Markets