China’s economy grows 4.5 percent in Q3, beating forecasts

China’s economy has grown faster than expected in the most recent quarter amid booming exports underpinned by artificial intelligence, according to official figures. China’s gross domestic product (GDP) expanded 4.5 percent in the July-September period from the same quarter a year earlier, picking up from 4.3 percent growth in the second quarter and beating most analysts’ forecasts, figures released on Monday by the National Bureau of Statistics showed. During the first nine months of the year, GDP grew 4.6 percent year-on-year, according to the preliminary figures.