China’s economy grew by 4.8% in Q3, the weakest in a year, due to a property slump and trade tensions. Stimulus may be needed to boost demand and momentum. Analysts say reaching the 2025 growth target of around 5% is likely. Domestic activity remains weak, and more support may be necessary to stimulate the economy.
Investment growth turned negative year-to-date, prompting a RMB 500 billion stimulus. China’s heavy reliance on manufacturing and overseas demand makes it vulnerable to external shocks. Despite resilient exports, the economy has lost momentum. Experts suggest future efforts should focus on stimulating domestic demand and supporting investment projects.
Read more at Yahoo Finance: China Q3 GDP growth slows to 4.8% y/y, in line with forecast
