Update: China’s Quarterly GDP Growth Slows to 4.8% as Weak Consumption Weighs

Update: China’s Quarterly GDP Growth Slows to 4.8% as Weak Consumption Weighs

China's Q3 GDP growth slowed to 4.8% year-on-year (down from 5.2% Q2), driven by weak consumption, property collapse, and first fixed-asset investment decline in 5 years. Slowdown signals headwinds for global tech supply chains and APAC AI infrastructure spending.