China’s economy grows 4.5% in third quarter, staying on track for annual target

China’s economy expanded by 4.5 per cent in the third quarter, keeping it broadly on track to meet this year’s growth target but also maintaining pressure on Beijing to deploy further support to address weak domestic demand. China’s year-on-year economic growth for the first three quarters of the year came in at 4.6 per cent, the National Bureau of Statistics (NBS) said on Monday. Beijing is targeting gross domestic product growth between 4.5 and 5 per cent this year, down from the “around 5 per