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China's Q3 economic growth rises 4.5% driven by tech exports despite property slump

Market News
18 Oct 2026
CNBC
View Source
Bullish
China's Q3 economic growth rises 4.5% driven by tech exports despite property slump

China's economy grew by 4.5% in the third quarter compared to the previous year. This growth was mainly fueled by strong foreign demand for Chinese technology products, which helped offset challenges from a declining property market and weak consumer spending. The acceleration suggests resilience in China's export sector amid domestic economic pressures. Investors will watch how these trends evolve in coming quarters as global demand and local market conditions shift.

China's third-quarter economic growth at 4.5% provides context for technology sector performance on Pluang as of Oct 19, 2026 07:21 WIB. Among 150 priced Technology-sector US stocks, 66 rose while 83 fell, showing mixed market sentiment. Notably, KD gained 10.69% contrasting with OKTA and TWLO, which declined by 11.61% and 11.11% respectively, illustrating varied investor responses within the sector.

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