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China’s economy grows 4.6% in the third quarter, exceeding expectations

China’s economy grows 4.6% in the third quarter, exceeding expectations

Economists polled by Reuters expected GDP growth In the third quarter, 4.5 percent compared to last year, slowing from 4.7 percent in the previous three months.

Since late September, the authorities have been working to significantly enhance stimulus policies to revive Economy faltering and ensuring that growth reaches the target for this year of five percent.

On a quarterly basis, GDP increased Chinese 0.9 percent in the period from July to September, which is slightly less than expectations, which indicated a rise of one percent, and compared to a revised growth of 0.5 percent in the previous quarter.



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