𝕏xCN first seen 7 h ago, last 7 h ago, peak #8
China's economy grows 4.5% in Q3, beating expectations
Original: JUST IN: China's economy grows 4.5% in Q3, beating expectations.
China's economy expanded 4.5% year-on-year in the third quarter, surpassing analyst expectations. The figures point to steadier growth than markets had anticipated, and the news is circulating widely as investors weigh what stronger-than-expected Chinese data means for global markets, commodity demand and the outlook for further stimulus from Beijing.
Why now: Fresh GDP data came in above forecasts, prompting investors and analysts to reassess the outlook for China's economy and global markets.
Evidence
- JUST IN: China's economy grows 4.5% in Q3, beating expectations. · WatcherGuru · 5.8K
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