Today news
About the same in other media
07.11 - 23:13
China GDP disappoints, third-quarter growth slows to 4.9%
Reading now: 568
cnbc.comBEIJING — China's third-quarter GDP grew a disappointing 4.9% as industrial activity rose less than expected in September.
The National Bureau of Statistics said Monday that gross domestic product grew 4.9% in the third quarter from a year ago. That missed expectations for a 5.2% expansion, according to analysts polled by Reuters.
Industrial production rose by 3.1% in September, below the 4.5% expected by Reuters.
«Since entering the third quarter, domestic and overseas risks and challenges have increased,» Fu Linghui, spokesperson for the National Bureau of Statistics, said at a press conference Monday in Mandarin, according to a CNBC translation.
The power shortage had a «certain impact» on normal production, Fu said, but he added that
Read more on cnbc.comAbout this in other media
Speculation nation: Can Xi Jinping’s property tax deflate China’s housing bubble? theguardian.com /3 years ago
China sees 10% rise in e-CNY wallets, first case of money laundering using digital yuan ambcrypto.com /3 years ago
Biden criticises Russia and China for not attending COP26 euronews.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
