Oct 17, 2022 06:16 PM

ECONOMY

China Delays Release of Third-Quarter GDP Figures Indefinitely

What’s new: China has delayed the release of third-quarter GDP figures and a number of other economic indicators, originally scheduled for Tuesday, according to an updated calendar published by the National Bureau of Statistics (NBS) Monday afternoon.

The NBS hasn’t given any reason or published a new release date.

The background: China’s economy grew merely 0.4% year-on-year in the second quarter, the weakest quarterly expansion since the coronavirus pandemic first gripped the country in early 2020, according to NBS data.

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