EconomyTrade

China’s Economic Expansion Moderates Amid Trade Tensions and Property Sector Challenges

China’s economic growth moderated in the third quarter amid ongoing trade tensions and property market challenges. The latest data shows GDP expanded 4.8% year-on-year, down from previous quarter’s 5.2% growth.

Economic Growth Moderates in Latest Quarter

China’s economic expansion showed signs of moderation in the third quarter, with GDP growing 4.8% year-on-year between July and September, according to recent reports. This represents a slowdown from the second quarter’s 5.2% growth rate, sources indicate, as the world’s second-largest economy navigates ongoing trade tensions and persistent property sector challenges.

Economy and TradingInternational Business and Trade

China’s Deflationary Pressures Continue Amid Weak Demand and Trade Tensions

China’s economy continues to face deflationary pressures with both consumer and producer prices declining in September. The ongoing property market slump and renewed trade tensions with Washington are weighing on consumer confidence and spending patterns despite government efforts to stabilize prices.

China’s Deflationary Trend Continues in September

Deflationary pressures persisted in China during September, with both consumer and producer prices falling, according to reports from the National Bureau of Statistics. The data supports the case for additional policy measures as a prolonged property market slump and ongoing trade tensions continue to weigh on economic confidence, sources indicate.