China’s economy grows faster than forecast after AI boom boosts exports
- Roaring exports lifted China’s economic growth in the third quarter of this year, with factory output growing much faster than consumer spending.
- China’s GDP grew by 4.5% year-on-year between July and September, the National Bureau of Statistics of China reported on Monday.
- The figures were better than economists had expected and up from the second quarter’s growth rate of 4.3%.
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- Roaring exports lifted China’s economic growth in the third quarter of this year, with factory output growing much faster than consumer spending.
- China’s GDP grew by 4.5% year-on-year between July and September, the National Bureau of Statistics of China reported on Monday.
- The figures were better than economists had expected and up from the second quarter’s growth rate of 4.3%.
Sources: Guardian