Tag: Consumer Spending

Asia

China’s Economy Grows 4.5%, but Weak Consumer Spending Exposes Deeper Problems

BEIJING — China’s economy accelerated in the third quarter of 2026, supported by exports and industrial production, but weak consumer spending and a prolonged property downturn continue to raise questions about the sustainability of the recovery. According to China’s National Bureau of Statistics, figures reported by Reuters on October 19 showed gross domestic product expanding […]

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