TOP BIT
Marching in step toward realignment
China’s economy grew just 4.8% in the third quarter, its weakest pace in a year.
Consumption and investment remain sluggish, while exports are keeping the country barely on track. The property crisis continues to weigh on confidence.
The release of the new figures coincides with a key moment in Beijing: Party officials are now negotiating the next Five-Year Plan, which will set China’s economic direction through 2030.
🏠Industry cooling down: Industrial output rose 6.5% in September, but…
Free Guide
The China Survival Guide for Western Businesses
Entity setup, WeChat strategy, hiring your first local team. 12+ years on the ground in Shanghai.
