Business

China’s economy grows 4.9% in the third quarter

1 Mins read

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.

China’s economy expanded by 4.9% in the third quarter, compared to a year ago, the National Bureau of Statistics said on Wednesday.

The figure was higher than the estimate of 4.4% growth from a Reuters poll of economists.

On a quarterly basis, the economy increased by 1.3% in the July-to-September period, compared to 0.8% growth in the previous three months.

This is a developing story and will be updated.

Read the full article here

Related posts
Business

Donald Trump lauds Saudi Arabia as he unveils AI and defence deals

4 Mins read
Donald Trump hailed the US’s relationship with Saudi Arabia on Tuesday, just hours after the White House unveiled what it said was…
Business

Target date funds: What are they and are they right for you?

3 Mins read
If you are in a 401(k) plan at work, you very likely have the option to invest in a so-called target date…
Business

Israel-Hamas truce talks stall after Mossad negotiators leave Qatar

4 Mins read
Qatari and Egyptian efforts to broker another truce between Israel and Hamas stalled on Saturday after Benjamin Netanyahu ordered a team of…
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *