China’s GDP: economic recovery stagnates, growth slows to 4.9 percent in the third quarter

China’s GDP: economic recovery stagnates, growth slows to 4.9 percent in the third quarter




China’s economy grew 4.9 percent year over year in the third quarter of 2021, the National Bureau of Statistics (NBS) said on Monday. That was just below expectations in the Bloomberg analyst median poll, which had predicted 5 percent growth between July and September, and below the second quarter’s growth rate of 7.9 percent. It’s the slowest pace since China’s economy grew 4.9 percent in the third quarter of 2020. China’s economy had an impressive …

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China’s economy grew 4.9 percent year over year in the third quarter of 2021, the National Bureau of Statistics (NBS) said on Monday. That was just below expectations in the Bloomberg analyst median poll, which had predicted 5 percent growth between July and September, and below the second quarter’s growth rate of 7.9 percent. It’s the slowest pace since China’s economy grew 4.9 percent in the third quarter of 2020. China’s economy had an impressive …

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