China's Q3 growth hits 4.5%, a touch above forecasts
China's third-quarter GDP grew 4.5% from a year earlier, slightly above the 4.4% forecast.
China’s statistics bureau said on Oct. 19 that third-quarter GDP rose 4.5% year on year, edging past the 4.4% consensus.
- Why it matters: China is a key end market for U.S. chipmakers, industrials and commodity producers.
- Market reaction: Asian markets were mixed; the week’s focus soon shifted to Big Tech earnings and Middle East oil risk.
- What to watch: U.S.-China trade talks and any new stimulus from Beijing.
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