China’s Export Boom Fuels Growth Despite Slump at Home

China's economic growth accelerated beyond expectations during the third quarter, supported by a significant export boom. This external demand has become critical for maintaining growth as the nation faces a prolonged housing crash, plunging investment, and sluggish consumer spending. While home prices continued to decline in September, the pace of the slump has eased. These developments are currently influencing stimulus expectations as the country manages the contrast between domestic weakness and strong international trade performance.