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China Q3 GDP Seen at 4.5% by Citi on Favorable Base

China's third-quarter GDP growth is estimated to have increased to 4.5% year-on-year, driven by a more favorable base effect and sustained external demand, according to Citi analysts. September exports are projected to remain strong at 24.5%.

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5% from a year earlier, partly on a more favorable base and continued support from external demand and the new economy, Citi analysts write in a note. 5% in September, while imports growth likely ease…