Business · Economy · 1 hr ago

China’s economy is forecast to grow 4.4% in the third quarter

China’s economy is forecast to grow 4.4% in the third quarter

China’s economy is forecast to grow 4.4% in the third quarter, covering July to September.

That would be slightly faster than the 4.3% growth recorded in the second quarter, but below the government’s 4.5% to 5% target for 2026.

Weak household demand and the property crisis are weighing on growth, while higher energy costs add pressure.

Exports, including products linked to artificial intelligence, have helped support activity, but economists say reliance on overseas sales may not be enough to meet the target.

Beijing has announced mortgage subsidies and infrastructure investment to support the economy.

Official third-quarter figures are due Monday, and will help show whether the announced measures are bringing China closer to its annual goal.

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Guo ShanHutong Research specialist
The exports seem to be the only element that exceeds expectations
via El Economista MX
Beijing will have to act more quickly to deploy the funds to achieve the growth target
via El Economista MX