China’s economy gains pace on exports as domestic demand falters
- In the July-September quarter, China recorded an economic growth of 4.5%, surpassing analysts' expectations.
- (Pic Credit: IANS)China's economy expanded by 4.5% in the July-September quarter compared with the same period a year earlier, supported by strong exports, official data showed on Monday.
- The growth brings Beijing closer to achieving its annual economic target as the year draws to a close, even as trading partners intensify efforts to address their trade imbalances with the world's second-largest economy.
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- In the July-September quarter, China recorded an economic growth of 4.5%, surpassing analysts' expectations.
- (Pic Credit: IANS)China's economy expanded by 4.5% in the July-September quarter compared with the same period a year earlier, supported by strong exports, official data showed on Monday.
- The growth brings Beijing closer to achieving its annual economic target as the year draws to a close, even as trading partners intensify efforts to address their trade imbalances with the world's second-largest economy.
Sources: Times of India