China's economic growth was 4.6% in the third quarter, down from 4.7% in the second quarter of 2024, but slightly higher than economists' expectations of 4.5%, and well below the government's 5% growth target for 2024.

Gross Domestic Product (GDP) measures the total value of all services and goods that a country produces.It's almost impossible to produce a comprehensive list of the things that are included in GDP because it would be so long.

In recent years, as the contribution of the service industry to GDP has continued to increase, the proportion of the service industry has been close to 50%, showing its important position in the economic structure.

As inflationary pressures slow down, the market expects the Fed to increase the likelihood of a rate cut in September.

GDP growth slowed to 1.4% in Q1, jobless claims fell but the insured unemployment rate rose, and durable goods orders rose for the fourth consecutive month.

On May 16, most Asian markets were buoyed by record highs on Wall Street overnight, with interest rates forecast to be cut in 2024 due to weaker consumer inflation expectations.

Q1 2024 sees modest GDP rise of 1.6%, federal cuts vs.state hikes, and a purchase price index jump to 3.1%.

In the first quarter of 2024, the Chinese economy grew by 5.3% year-on-year, an increase from 5.2% in the previous quarter. Previously, economists predicted an economic growth rate of 5.0%.

As Beijing announces 5% GDP growth target for 2024, same as 2023。However, with smaller fiscal spending targets, investors question how China intends to boost growth to meet its GDP targets.。

According to the latest data from Statistics Canada, the Canadian economy grew by 0% quarter-on-quarter in the fourth quarter..2%, after third-quarter revisions showed a contraction of 0.1%。

Indonesia's YoY Economic Growth Slows to 5 in 2023 Due to Weakness in Export Business.05%。

Philippines Gross domestic product (GDP) growth in 2023 5.6%, less than the official target, and the latest annual data is much lower than the previous year 7.6% increase。

Vietnam's GDP grows 5 in 2023, dragged down by falling export orders.05%, did not reach the official 6.5% growth target。