China Shipping containers are seen at the port of Oakland as trade tensions continue over U.S. tariffs with China, in Oakland, California, on May 12, 2025.
Carlos Barria | Reuters
BEIJING — China’s economy expanded by 4.8% in the third quarter from a year ago, matching analyst predictions despite the ongoing real estate slump.
Fixed-asset investment, which includes real estate, unexpectedly fell 0.5% in the first nine months of the year as investment into infrastructure and manufacturing slowed. Analysts polled by Reuters had forecast a 0.1% growth.
Property investment extended its decline, sliding 13.9% in the year through September, compared with a 12.9% drop during the first eight months of the year.
Retail sales rose 3% in September from a year ago, matching analyst forecasts.
Industrial production climbed 6.5% in September, topping expectations for a 5% increase and up from 5.2% growth in the previous month.
However, retail sales slowed from 3.4% year-on-year growth in August, while third-quarter GDP slowed from 5.2% growth in the previous quarter.
Official data for September also showed continued resilience in China’s exports despite tensions with the U.S.
The core consumer price index, which strips out food and energy, rose at its fastest pace since February 2024. But headline inflation fell 0.3%, missing expectations as deflationary pressures persisted.
Earlier Monday, China kept its benchmark lending rates unchanged for a sixth-straight month, in line with expectations, with the one-year loan prime rate at 3% and the five-year rate at 3.5%.
Editorial Disclaimer:The news articles published on this website are not owned or created by us directly. We aggregate and publish news content using publicly available news feeds, and each article includes a source credit or link to the original publisher at the bottom of the post.
If any website or content owner finds that their material has been included here and does not wish for their content to appear on our platform, please contact us at [email protected] . Upon receiving your request, we will promptly remove your site from our content feed and database.
We value and respect the rights of all content creators and strive to ensure proper attribution for every piece of content shared.