You are here: Home » International » News » Economy
Business Standard

China's GDP grows 4.9% y-o-y in September quarter, misses expectations

The economy grew 0.7 per cent in the first nine months from a year earlier, the data showed

Topics
Chinese economy | China | Coronavirus

Reuters  |  Beijing 

China's economic recovery disappointed in the third-quarter, growing 4.9 per cent from a year earlier and missing analyst expectations, data from the National Bureau of Statistics showed on Monday. The growth was slower than the 5.2 per cent forecast by analysts in a Reuters poll, and followed 3.2 per cent growth in the second quarter. The economy grew 0.7 per cent in the first nine months from a year earlier, the data showed. The world's second-largest economy has been steadily recovering from decades-low growth seen in the first months of the year caused by the ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, October 19 2020. 08:18 IST
RECOMMENDED FOR YOU
.