China's economy grows 4.6% in Q3, keeping stimulus calls alive

China's economic growth slowed to 4.6% in the third quarter. Stimulus measures were introduced, including interest rate cuts, but skepticism remains over their effectiveness. Industrial production and retail sales showed improvement, but the property sector is still struggling. President Xi Jinping urged officials to boost the economy in the fourth quarter to meet the annual growth target.

Oct 18, 2024 - 08:30
China's economy grows 4.6% in Q3, keeping stimulus calls alive

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China's economic growth slowed to 4.6% in the third quarter. Stimulus measures were introduced, including interest rate cuts, but skepticism remains over their effectiveness. Industrial production and retail sales showed improvement, but the property sector is still struggling. President Xi Jinping urged officials to boost the economy in the fourth quarter to meet the annual growth target.
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