China’s economy grows faster than forecast after AI boom boosted exports

China’s economy grows faster than forecast after AI boom boosted exports

China reported third‑quarter gross domestic product growth of 4.5% year‑on‑year, outpacing analysts’ expectations. The acceleration is linked to a surge in artificial‑intelligence‑related activity that lifted demand for electronic components, driving higher export volumes and industrial output. The performance helped offset weaker domestic consumption and placed the growth rate above the government's 4% target.