China’s economy grows faster than forecast after AI boom boosts exports
Third-quarter GDP up by 4.5% compared with last year as industrial output is buoyed by electronics demand Business live – latest updates Roaring exports…
The Guardian reports: Third-quarter GDP up by 4.5% compared with last year as industrial output is buoyed by electronics demand Business live – latest updates Roaring exports lifted China’s economic growth in the third quarter of this year, with factory output growing much faster than consumer spending.
China’s GDP grew by 4.5% year-on-year between July and September, the National Bureau of Statistics of China reported on Monday.
This business story centres on China. Names and organisations mentioned in the coverage include AI, China’s GDP and National Bureau of Statistics of China.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- China · Asia
- Reported by
- The Guardian
- First reported
- Key names
- AI, China’s GDP, National Bureau of Statistics of China, Third-quarter GDP
- Section
- Business
- Figure cited
- The figures were better than economists had expected and up from the second quarter’s growth rate of 4.3%. (The Guardian)
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
Related Stories
China's growth accelerates as AI export boom outweighs domestic weakness
Exports have helped offset weak spending at home, but trade tensions and AI doubts cloud its outlook.
Faisal Islam: Why China and AI are worrying global finance bosses
At the IMF meeting in Bangkok this week finance and business leaders grappled with uncertainty.
The EU wants an AI revolution. But on whose terms?
As the US and China race ahead, the European Union seeks to boost its economy with AI.
China considers new export curbs on solar, AI, biotech
The draft plan, “Announcement No. 48”, proposes a complete export ban on 14 technologies and restrictions on 26 more, including next-generation…
French retailers reel after weekend of riots, looting
Representatives of the French business community gather for a crisis meeting with the government following widespread looting during the weekend's…
Robot factories and hypersonic missiles: JPMorgan Chase’s first $5 billion of defense investments
With $5 billion already deployed off its balance sheet, JPMorgan Chase is racing ahead on direct investments in defense tech, hardware and supply…
French unrest compounds debt crisis fears. Paris-listed stocks, bonds and the euro fall
"It looks like either the bond markets riot, or the people riot, or both," one analyst told CNBC.
What are the new faces coming to UK bank notes?
Banknotes are getting a nature-themed makeover – and the Bank of England has revealed the four creatures that will feature on our money.




