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China's Economy : Booming Exports, Cautious Consumers
Published 2 days, 13 hours ago
Description
China's economy grew 4.5% year-on-year in the third quarter, slightly ahead of expectations. Dig deeper and we see exports remaining a key growth driver, consumer spending is still subdued and the property downturn continues to weigh. Denise Cheok, Assistant Director and Economist at Moody's Analytics, examines China's economic outlook and the policy challenges facing Beijing.
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