China Q3 Growth Rebounds to 4.5% on Export Strength Despite Investment Slump
China’s third-quarter economic growth accelerated to 4.5%, outpacing forecasts and reversing a previous three-year low. This improvement was driven by strong foreign demand for technology goods, which offset a deepening property crisis and weak consumer spending. While industrial output and retail sales met or exceeded expectations, fixed asset investment continued to decline sharply. The economy remains heavily reliant on exports, with domestic consumption and private investment lagging significantly.