ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

China power crunch hits GDP growth

Expansion dips to 4.9% in Q3 as commodity price rises and Evergrande crisis take toll

A logistics center near the port in Tianjin, China: The country's GDP growth slowed to 4.9% in the third quarter.   © Reuters

SHANGHAI -- China's economic growth continued to decelerate in the third quarter, as gross domestic product came in at 4.9%, dragged down by the country's zero-tolerance COVID measures and energy shortages.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more