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Tag: china economy

Business

China's economic growth speeds up driven by high-tech exports

China experienced an acceleration in economic expansion during the third quarter, largely propelled by a surge in overseas shipments of technological goods. This manufacturing momentum successfully counterbalanced ongoing sluggishness within the domestic housing market and cautious local consumer spending. Despite these positive quarterly figures, experts note that heavy reliance on external trade creates vulnerabilities. Looming geopolitical frictions, international pushback against inexpensive merchandise, and questions regarding the long-term profitability of global artificial intelligence infrastructure investments continue to cast uncertainty over the nation's financial horizon.