China Records Slowest Economic Growth Since Pandemic Era

While AI-powered exports and manufacturing output provide a necessary floor for the industrial sector, the broader economic picture remains constrained. Household spending and private investment continue to lag, leaving policymakers struggling to bridge the widening gap between supply and demand. The 0.9% growth recorded on a quarterly basis aligns with forecasts, yet represents a sharp deceleration from the 1.3% increase seen earlier this year.

The current slowdown highlights the volatility introduced by external shocks, specifically the impact of the Iran war on oil markets. Despite the resilience of high-tech exports, the lack of robust consumer confidence prevents a full recovery, keeping the nation's economic momentum fragile as authorities weigh further intervention strategies.