China's Growth Steadies on Export Strength

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China's economic growth accelerated to 4.5% in the third quarter, recovering from a three-year low as artificial intelligence-related exports gained momentum. The expansion sits at the lower end of Beijing's target range of 4.5% to 5%, providing policymakers with some flexibility to address lingering domestic challenges. This rebound reflects a broader shift in the economy's structure, where external demand increasingly compensates for weakness at home.