China Growth Accelerates, Broadening Recovery From Pandemic

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  • Bloomberg Markets and Finance published this video item, entitled “China Growth Accelerates, Broadening Recovery From Pandemic” – below is their description.

    Oct.18 — China’s economic recovery from the depths plunged during the Covid-19 pandemic continued. Gross domestic product climbed 4.9% in the third quarter from a year ago. That’s lower than economists forecast. Retail sales expanded 3.3% in September, industrial production grew 6.9% in the month and investment growth accelerated to 0.8% in the nine months to the end of the quarter. Wang Tao, head of Asia economics and chief China economist at UBS, discusses what the figures say about the state of the economy on “Bloomberg Markets: Asia.”

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