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.
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.