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The Independent UK
The Independent UK
National
Zen Soo

China's economic growth slows to 4.9% in third quarter, amid muted demand and deflationary pressures

China Economic Growth Economy
Copyright 2023 The Associated Press. All rights reserved

China’s economy slowed in the third quarter, amid muted global demand, deflationary pressures and an ailing property sector.

The world’s second-largest economy grew 4.9% year-over-year in the July-September quarter, beating the 4.5% forecast by analysts but slowing from the 6.3% growth in the previous quarter, according to official data.

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