China’s reports third-quarter GDP growth of 4.6%, slightly beating expectations

China has announced a series of measures to boost its economy ahead of a key Politburo meeting. Third-quarter GDP growth was reported at 4.6%, slightly exceeding expectations. Other data such as retail sales and industrial production also beat expectations, signaling positive signs of growth. Despite challenges, China’s economy is not incurable, with the government committed to shoring up the economy. Stimulus measures have been intensified to boost the lackluster economy. This is a developing story with updates to come.