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China's GDP failed to lift investor mood; markets spooked after Xi Jinping secures third term in power

Por: CNN Business October 24, 2022

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Hong Kong CNN Business  —  China released stronger-than-expected GDP and other economic data on Monday, just a day after Xi Jinping following the conclusion of But foreign investors were still spooked and dumped Chinese equities in overseas markets, concerned that Xi’s tightening grip on power will lead to an escalation in Beijing’s existing policies and further dent the economy. China’s GDP grew 3.9% in the third quarter from a year... + full article



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