Beijing, 19 October 2026 – China’s economy expanded 4.5% from a year earlier in the third quarter, accelerating from 4.3% in the previous three months as exports helped offset weak domestic demand and a prolonged property downturn. The result keeps full-year growth within reach of the government’s 4.5% to 5% target, although the composition of activity remains uneven.
For Asian businesses and investors, the stronger headline offers near-term support to regional trade, manufacturing and commodity demand. The confirmed data show resilience rather than a broad domestic revival: external shipments remained a central driver, while households and property activity continued to constrain momentum. That distinction matters for companies whose earnings depend more on Chinese consumers than on its export factories.
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