China's Q3 GDP seen slowing as Beijing races to revive growth

The world's second-largest economy faltered in the second quarter after a brief post-COVID recovery, dragged by a property downturn and huge debt due to a decades-long infrastructure binge.

GDP data is due on Wednesday at 0200 GMT. Separate data on September activity is expected to show retail sales growth picking up but factory output slowing. "Beijing may have also shifted to wait-and-see mode, as it assesses the impact of stimulus measures rolled out in the past few months," said Ting Lu, chief China economist at Nomura, in a note.

Economic growth is seen hitting 5.0% this year, according to the poll, broadly in line Beijing's full-year target, before slowing to 4.5% in 2024.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia markets poised for weaker open as investors look ahead to China GDP, Japan inflation dataChina will release its third-quarter gross domestic product, while Japan's inflation data and South Korea's rate decision are also expected this week.
Source: CNBC - 🏆 12. / 72 Read more »

Asia markets open weaker as investors look ahead to China GDP, Japan inflation dataChina will release its third-quarter gross domestic product, while Japan’s inflation data and South Korea’s rate decision are also expected this…
Source: NBCLA - 🏆 319. / 59 Read more »

Asia markets dip as investors look ahead to China GDP, Japan inflation dataChina will release its third-quarter gross domestic product, while Japan’s inflation data and South Korea’s rate decision are also expected this…
Source: nbcsandiego - 🏆 524. / 51 Read more »

Asian stocks recover some losses; China GDP, M.East tensions in focusAsian stocks recover some losses; China GDP, M.East tensions in focus
Source: Investingcom - 🏆 450. / 53 Read more »