China’s economy grows faster than expected in third quarter

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s gross domestic product grew 4.9 per cent year on year in the third quarter, beating market expectations as Beijing steps up support for the world’s second-biggest economy. The economy expanded 1.3 per cent on a quarterly basis, China’s National Bureau of Statistics said, regaining some momentum after growth of just 0.5 per cent in the April-June period. Economists polled by Reuters had expected third-quarter year-on-year growth of 4.5 per…

China to Citizens in Israel: Find Your Own Way Home

China has asked its citizens in Israel who want to return home to purchase tickets for themselves on commercial flights even as other governments are providing assistance to their citizens via chartered, military or the remaining commercial flights. A Chinese Foreign Ministry spokesperson, Mao Ning, said at the regular press briefing on Monday, “Commercial flights between China and Israel are still in operation. We advise local Chinese nationals to fly back to China on commercial flights as soon as possible.” Chinese citizens stranded in Israel after the Oct. 7 attack…

US accuses China of pattern of ‘dangerous’ air force manoeuvres against military planes

The US has accused China of orchestrating a “concerted” campaign of dangerous and provocative air force manoeuvres against US military planes in international airspace, warning it could spark an inadvertent conflict between them. The Pentagon said aggressive tactics by Chinese aircraft had threatened US planes flying over the East and South China Sea regions, tallying more than 180 such incidents since autumn 2021. “That’s nearly 200 cases where (Chinese) operators have … discharged chaff or shot off flares or approached too rapidly or close to US aircraft,” said Ely Ratner,…

China’s Economy Grew More Than Expected Over the Summer

China’s economy grew more than expected over the summer, as the government offset some of the harm from a real estate crisis by pouring money into infrastructure construction projects, like building rail lines. Data released on Wednesday showed that gross domestic product grew from July through September compared with the prior three months. Industrial production of everything from chemicals to steel began to stabilize as the government built more roads, sewage lines and other public works. China’s economy, the world’s second largest, has struggled since the spring, as housing sales…

China’s economy grows 4.9% in third quarter

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s gross domestic product grew 4.9 per cent year on year in the third quarter, beating market expectations. The economy expanded 1.3 per cent on a quarterly basis, China’s National Bureau of Statistics said, regaining some momentum after growth of just 0.5 per cent in the April-June period. Economists polled by Reuters had expected third-quarter year-on-year growth of 4.5 per cent. Wednesday’s figure compares with year-on-year GDP growth of 4.5…

China GDP: economic recovery regains momentum in third quarter, rises by 1.3% quarter on quarter

China’s economic recovery regained mild momentum in the third quarter, rising by 1.3 per cent from the previous three months, amid ongoing calls for increased policy support to sustain a consistent growth trajectory. Year on year, China’s gross domestic product grew by 4.9 per cent in the third quarter, the National Bureau of Statistics said on Wednesday. The year-on-year figure was higher than the average economist’s estimate of a 4.5 per cent rise, as surveyed by Chinese data provider Wind. China’s economy had grown by 6.3 per cent in the…

As it happened: Xi Jinping unveiled new action plan for Belt and Road Initiative, Vladimir Putin gave first international address since Ukraine war

This blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Representatives from 140 countries and 30 global organisations are attending the forum, which marks the 10th anniversary of the Belt and Road Initiative. Among them is Russia’s President Vladimir Putin, who will speak after Xi, as well as leaders and businesspeople from across the developing world. The forum is also intended to position China as a leader among less developed countries and as a global power. Follow our live…