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AI boom fuels China’s exports

The world's second largest economy grew by 4.5% in the third quarter, but worries persist in China over weak spending at home.

China’s economy grew by 4.5% in the third quarter of the year, thanks to the AI boom driving investment in Chinese exports. But global trade tensions and continued concerns at the level of consumer spending at home hang over the future of the world’s second largest economy.

Meanwhile in the Eurozone’s second largest economy, France, shares have fallen and borrowing costs have risen after violent protests in the country over the weekend.

Why the World Bank is concerned…

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