China's economic data shows mixed recovery as unemployment ticks up

China’s long-delayed economic data showed a mixed recovery in the third quarter, with unemployment rising and retail sales weakening in September despite a pickup in growth.
 

Gross domestic product grew 3.9% in the July-to-September period from a year ago, rebounding from almost stagnant growth in the second quarter when Shanghai was still in lockdown. The figure was stronger than the median estimate of 3.3% in a Bloomberg survey of economists.

The data were postponed by nearly a week as the country held its 20th party congress -- a key political event during which President Xi Jinping secured a third term as