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China’s lacklustre growth drags on as stimulus ramps up

Beijing | China’s economic expansion slowed in the third quarter despite tentative signs of improvement last month, as policymakers ramp up stimulus to help the world’s second-largest economy reach its annual growth target.

Gross domestic product increased 4.6 per cent in the July to September period from a year prior, data released by the National Bureau of Statistics showed on Friday – the slowest pace in 18 months and down from the 4.7 per cent recorded in the second quarter.

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    Original URL: https://www.afr.com/world/asia/china-s-lacklustre-growth-drags-on-as-stimulus-ramps-up-20241018-p5kjhy