ET Graphics: What China's 4.5% growth shows - and hides
The world’s second largest economy is increasingly a study in contrasts: rising export strength that has found renewed global clout amid the AI boom, alongside weak domestic demand.
By ET Bureau |
iStock
China’s economy beat growth expectations in data released earlier this week, with a year-on-year jump of 4.5% in Q3. This was once again led by soaring exports, even as domestic consumer sales barely rose.
The world’s second largest economy is increasingly a study in contrasts: rising export strength that has found renewed global clout amid the AI boom, alongside weak domestic demand.
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