Reported 1 day ago
China's economic growth in the third quarter slowed to 4.8% year-on-year, matching forecasts and marking the weakest pace in a year, primarily due to ongoing property market struggles and trade tensions. Analysts indicate that while achieving the full-year growth target of around 5% remains feasible, weak domestic demand and declining investment are concerning. Policymakers are expected to maintain a targeted approach to fiscal stimulus amid these challenges and international pressures.
Source: YAHOO