China GDP Growth Rebounds to 4.5% in Third Quarter
China's economy grew 4.5% year on year in the third quarter, beating expectations. The release eased pressure on policymakers to deliver more aggressive stimulus to meet the annual target.
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China's economy grew 4.5% year on year in the third quarter, beating expectations. The release eased pressure on policymakers to deliver more aggressive stimulus to meet the annual target.
The yuan held steady in onshore and offshore trading after mainland markets reopened from a long holiday. The PBOC set the USD/CNY fixing at 6.7367, compared with 6.7351 on Sept. 30.