China’s Q3 GDP growth set to pick up as exports power ahead

By Kevin Yao BEIJING, Oct 19 (Reuters) China s economy likely sped up slightly in the third quarter from a more than three-year low, helped by hot demand for the country s technological goods and fresh policy support, but further stimulus may be needed to sustain the momentum. Beijing has leaned heavily on exports for growth this year, but ​that engine faces growing pressure as investment in AI-related sectors cools and trade tensions with the European Union ‌escalate. China s strategy of redirecting credit and resources from property towards high-tech industries has created a two-speed economy, where strong factory output and exports mask weak consumption and private investment. Data due on Monday is expected to show gross domestic product (GDP) grew 4.4% year-on-year in July-September, quickening from 4.3% in the second quarter the weakest pace in more than three years, according to a Reuters poll. The projected growth is below the 4.6% forecast in a Reuters poll ‌in July ​and wo