China's Economic Woes Deepens in Third Quarter; GDP Grows by 4.6% | Subscribe to Firstpost

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China's Economic Woes Deepens in Third Quarter; GDP Grows by 4.6% | Subscribe to Firstpost

China's economy grew by 4.6% in the third quarter, marking the slowest expansion since early last year as the country grapples with declining growth. This figure is lower than the previous quarter's 4.7% and falls short of the government's target of "around 5%" for the year. Additionally, official data revealed that new home prices dropped in September at their fastest rate in nearly a decade, highlighting the deepening crisis in the property sector. Recently, Beijing has introduced several measures to stimulate growth, but experts say it needs to do more.

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Still a better growth than most countries

UnicornPurple-utwf
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Great content, as always! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?

ClaudetteHeininger