China Q3 GDP Growth Tops Forecasts But Meaningful Rebound Elusive

24 October 2022

China's economy rebounded at a faster-than-anticipated clip in the third quarter, but a more robust revival in the longer term will be challenged by persistent COVID-19 curbs, a prolonged property slump and global recession risks. China's economy expanded 3.9% in July-September from a year earlier. Final consumption accounted for 2.1 percentage points of the 3.9% GDP growth, while capital formation, or investment, and net exports accounted for 0.8 and 1.1 percentage points, respectively.
Source: Reuters
Post by: Republic of Türkiye Ministry of Trade