China's Q3 growth holds steady at 6.8%
Increased buzz in construction a key growth driver; but state investment grew faster than private investment y-o-y, despite Beijing's push for private-sector innovation
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Beijing
CHINA'S economy continued to expand at a steady rate over the third quarter, supported by strong data for the month of September.
The country's gross domestic product (GDP) grew 6.8 per cent in the three months to September, slowing slightly from the 6.9 per cent recorded in the second quarter as efforts to dampen the property sector and deleverage company debt filtered through to the real economy.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report