China’s economy grows faster than forecast after AI boom boosts exports
Third-quarter GDP up by 4.5% compared with last year as industrial output is buoyed by electronics demandBusiness live – latest updatesRoaring exports lifted China’s economic growth in the third quarter...
By Julia Kollewe · The Guardian World
Third-quarter GDP up by 4.5% compared with last year as industrial output is buoyed by electronics demand Business live – latest updates 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%. Continue reading...