Business
Chinese economy grows but misses forecasts – Sydney Morning Herald
Better results were expected after consumers returned to malls and major trading partners reopened for business after the coronavirus-led slump earlier this yea…
Beijing: China’s economic recovery accelerated in the third quarter of 2020 as consumers shook off their coronavirus caution, however, overall growth missed forecasts pointing to persistent challenges for one of the world’s few current engines of demand.
Gross domestic product (GDP) grew 4.9 per cent in July-September from a year earlier, National Bureau of Statistics data showed on Monday, slower than the median 5.2 per cent forecast by analysts in a Reuters poll and following 3.2 per cent gro…
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