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China GDP Beats Forecasts as High-Tech Strength Contrasts with Property Slump
China’s economy accelerated in the third quarter, with GDP growth strengthening from 4.3% yoy in Q2 to 4.5% in Q3, exceeding market expectations of 4.4%. Quarterly growth also improved from 0.9% to 1.2%, beating the 1.1% consensus. The improvement was supported by firmer industrial activity and consumer spending in September. Industrial production growth picked up […] The post China GDP Beats Forecasts as High-Tech Strength Contrasts with Property Slump appeared first on ActionForex .
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