ðŸ‡ðŸ‡° English, 19 October 2026, AI-fuelled tech
China's economic growth rebounds to 4.5 percent year on year
Beating expectations, the growth rate eases pressure on policymakers for delivering more aggressive stimulus measures.
The rebound is attributed to strong goods exports, aided by a global AI-fuelled tech boom, which should help the country reach its annual growth target.
China’s strategy of redirecting credit and resources from property towards high-tech industries has created a two-speed economy, where strong factory output and exports mask weak consumption and private investment.
Industrial output expanded 5.5 percent in September, accelerating from the 5.2 percent growth in August and was in line with expectations.