Oct 25, 2022 07:31 PM
OPINION
Wang Tao: China’s Third-Quarter GDP Growth Beat Expectations but Paints a Mixed Picture
China’s third quarter GDP growth picked up to 3.9% year-on-year from 0.4% in the previous quarter. Photo: VCG
China’s third quarter GDP growth picked up to 3.9% year-on-year from 0.4% in the previous quarter, with sequential momentum rebounding by 16.5% quarter-on-quarter seasonally adjusted annual rate (SAAR). With generally more relaxed Covid controls than the second quarter and improving supply chain conditions, domestic investment and consumption improved in July through September.
You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
Wang Tao is the head of Asia economics and chief China economist of UBS Investment Bank.
MOST POPULAR
- 1China Sets 2026 Economic Priorities With Demand Revival at the Core
- 2In Depth: China Bad-Debt Managers’ Bet on Bank Stocks Could Backfire
- 3Beijing Moves to Rein in Steel Exports With New Licensing Rule
- 4China Ramps Up Effort to Offload Vast Supply of Unsold Homes
- 5China’s Elite-Focused Schools Are Failing Most Students, Top Educators Say
SPONSORED
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas
Sign in with Google
Sign in with Facebook
Sign in with 财新