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China's GDP is set to grow 4.5% YoY in Q3, up from Q2's three-year-low
China's GDP is set to grow 4.5% YoY in Q3, up from Q2's three-year-low growth rate of 4.3%, as AI-driven exports helped offset weak domestic spending
TL;DRChina's economy grew 4.5% in Q3, bouncing back slightly as AI exports offset weak domestic demand.
Why it matters: China's AI export strength signals shifting global tech competition; weak domestic spending hints at deeper structural problems.
China's economic growth picked up in the three months to the end of September, rebounding from a three-year low as the artificial intelligence (AI) boom helped boost exports.
Read full articleSource: BBC · Opens in new tab