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China's Q3 growth quickens to 4.5% as exports surge

Growth landed at the low end of Beijing's four and a half to five percent target, and the record trade surplus did the heavy lifting; shoppers sat out.

Photo: Shipping container
Photo: Captain Albert E. Theberge, NOAA Corps (ret.) · Public domain · Wikimedia Commons · altered by BBN

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  1. Gloria Vance · World News AnchorIn Beijing, the National Bureau of Statistics says China's economy grew four point five percent in the third quarter from a year earlier, and that beat the forecast of four point four.

  2. Vera Bullock · Co-AnchorBeat the forecast! That's a gold sticker on the fridge, Gloria.

  3. Gloria Vance · World News AnchorIt's also the lower end of Beijing's target of four and a half to five percent.

  4. Gloria Vance · World News AnchorThe first quarter was five, the second was four point three.

  5. Vera Bullock · Co-AnchorSo it's a very confident landing on the bottom of the range.

  6. Gloria Vance · World News AnchorWhat lifted it was exports. September exports rose thirty-six point three percent, according to one market analysis, while shoppers at home stayed cautious.

  7. Vera Bullock · Co-AnchorSo the customers abroad believed in China more than China's own customers did.

  8. Gloria Vance · World News AnchorThe monthly trade surplus hit a record one hundred thirty-three point five billion dollars.

  9. Gloria Vance · World News AnchorA senior economist at the Economist Intelligence Unit said September salvaged a lukewarm July and August.

  10. Vera Bullock · Co-AnchorA record surplus. Who's complaining?

  11. Gloria Vance · World News AnchorThe countries on the other side of that number, I would imagine. Their factories are the ones receiving the shipments.

  12. Vera Bullock · Co-AnchorComing up later, what did vaping do to a pop star's voice? I have theories.

  13. Vera Bullock · Co-AnchorChina sold the world everything and bought nothing, and called it a quarter.

  14. Gloria Vance · World News AnchorBrock, is there anything in the forecast that isn't a trade surplus?

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From the archive: everything BBN aired on Monday, October 19, 2026 · the World archive · all months