China’s Tech Sovereignty Drive Reshapes Global Automation Landscape in New Five-Year Plan
Strategic Shift Toward Technological Independence As geopolitical tensions with the United States intensify, China is preparing to launch an ambitious…
Tag: Deflation
China’s Economic Expansion Shows Signs of Moderation in Q3 Amid Mixed Indicators
China’s economic growth reportedly moderated during the third quarter of 2024, according to analyst projections. Multiple economic indicators including retail sales and industrial production showed signs of easing, while exports demonstrated continued resilience despite international trade tensions.
Economic Growth Trajectory Shows Moderation
China’s economic expansion reportedly slowed during the third quarter of 2024, according to analysts polled by Reuters. The analysts suggest that gross domestic product growth likely moderated to 4.8% year-on-year for the July-to-September period, compared to 5.2% in the previous quarter. This data, scheduled for official release on Monday, would confirm a cooling trend in the world’s second-largest economy amid ongoing structural adjustments and global economic headwinds.