China’s economy shows lopsided growth The world’s second-largest economy grew 4.8% in the third quarter, powered by strong exports and factory investment, while weak retail sales and slowing business investment reveal vulnerabilities Sep: While industrial output grows to three-month high of 6.5%, beating forecasts, retail sales slow to 10-month low of 3.0% GDP: China’s 4.8% growth keeps it on track for this year’s 5% target, but reliance on exports amid rising U.S. trade tensions casts doubt on whether pace can continue Q1 2024 Q2 Q3 Q4 Q1 2025 Q2 Q3 Dec Feb Apr Jun Aug Oct Dec Feb Apr Jun Aug 8 year-on-year 6 4 2 0 Industrial production GDP Retail sales 7.7 6.4 3.0 2.1 7.4 6.8 5.3 Sources: Bloomberg, Reuters Picture: Getty Images © GRAPHIC NEWS