From Seekingalpha · ING Economic and Financial Analysis · · 30s
China's GDP Edges Higher As Activity Stabilised
China's third-quarter GDP growth at 4.5% shows activity stabilising after weak demand.
In brief
China's third-quarter GDP growth at 4.5% shows activity stabilising after weak demand. China's third-quarter GDP grew 4.5% year-on-year, slightly above expectations, as industrial production rose 5.5% YoY. Originally reported by Seekingalpha.
China's Third-Quarter GDP Growth
China's third-quarter GDP growth rose to 4.5% year-on-year, slightly above market expectations of 4.4%.
Industrial Production Up 5.5% YoY
Industrial production increased 5.5% year-on-year from 5.2% in August, meeting market forecasts.
Domestic Demand Underwhelming
Domestic demand remains underwhelming despite stabilisation in economic activity.
Here's the gist
China's third-quarter GDP grew 4.5% year-on-year, slightly above expectations, as industrial production rose 5.5% YoY.
