China has acknowledged that its economic momentum has slowed to the weakest pace in a year. China’s 2008 moment is getting worse.

Beijing said economy grew 4.8% in the third quarter, a deceleration that nonetheless keeps it on track to hit its official annual target

https://www.wsj.com/economy/chinas-economic-growth-slows-to-one-year-low-07e36e7b

The July-September data was the weakest pace of growth since the third quarter of 2024, and compares with a 5.2% pace of growth in the previous quarter, the government said in a report Monday.

In January-September, the world’s second largest economy grew at a 5.2% annual pace. Despite U.S. President Donald Trump’s higher tariffs on imports from China, its exports have remained relatively strong as companies expanded sales to other world markets.

China’s exports to the United States fell 27% in September from the year before, even though growth in its global exports hit a six-month high, climbing 8.3%.

https://uk.finance.yahoo.com/news/china-says-economy-slowed-4-022400775.html

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