China GDP Growth Accelerates to 4.5% in Third Quarter
China’s GDP growth rose to 4.5% year over year in 3Q from 4.3% in 2Q, while Capital Economics’ activity proxy indicated growth slowed to around 2.0% from 3.0%.
China's economic growth in 3Q accelerated to 4.5% on year from 2Q's 4.3%, though underlying activity remains weaker than official data suggest, says Capital Economics China economist Nguyen Hoang Nam in a note. CE's China Activity Proxy indicates growth slowed to around 2.0% from 3.0% in 2Q, despit…