China's Q3 GDP accelerates to 4.5% as AI exports cushion domestic weakness
The BBC reports AI exports helped offset weak spending; property investment fell over 20% year-on-year in the first nine months.
TLDR
The BBC reports China's economy grew 4.5% in the third quarter as AI-related exports helped offset weak domestic spending. It says property investment fell more than 20% in the first nine months compared with a year earlier, while trade tensions and uncertainty over AI investment cloud the outlook. BitcoinWorld put Bitcoin at $82.5K; a crypto account reported around $82.6K as Asian stocks and Nasdaq futures bounced on the GDP figures.
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