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China’s economic growth likely slowed in third quarter

Chinese Shipping containers are seen at the port of Oakland as trade tensions over U.S. tariffs with China continue on May 12, 2025 in Oakland, California.

Carlos Barria | Reuters

BEIJING — China’s economy likely slowed in the third quarter, according to analysts polled by Reuters; Official data to be published on Monday is expected to confirm the weakness in growth.

Analysts estimate that gross domestic product growth rose 4.8% in the July-September period from a year ago, slowing from 5.2% in the previous quarter.

Fixed asset investment, which includes real estate, is expected to grow by just 0.1% in the first nine months of the year, according to analyst forecasts.

Retail sales are expected to slow to 3% year-on-year in September, while industrial production is likely to decline to 5%.

Official data released for September so far shows that the flexibility in China’s exports continues despite the tensions with the USA.

The core consumer price index, which excludes food and energy, rose at its fastest pace since February 2024. However, headline inflation failed to meet expectations and fell by 0.3% due to continued deflationary pressures.

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