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Beijing has reported robust growth this year, but a growing chorus of economists are asking if the numbers accurate.
The global AI boom and higher commodity prices stemming from the war in Iran have lifted earnings at miners, chipmakers and raw-material suppliers.
The gap between U.S. and Chinese stocks just broke a record stretching back decades, and Beijing's state-backed funds are still sitting on their hands while blue-chip shares slide into bear market territory.
Chinese stocks fell into bear-market territory on Thursday after a record 10-week losing streak, as disappointing corporate earnings and fading expectations of government stimulus deepened the sell-off. The CSI 300 index dropped roughly 20% from its June peak, crossing the conventional threshold for a bear market.
China's economic growth accelerated to 4.6% in the third quarter from a year earlier, as foreign demand for the country's technological goods largely offset a deepening property slump and sluggish consumer demand.
Beijing's $37 billion subsidy program is steering consumers toward smart gadgets and green technology. But the broader spending picture is getting worse.
Markets have been rising globally, with the exception of Chinese equities. A technical analysis shows why it could be time to bag some bargains.
The producer-price index climbed 5.0% last month from a year earlier, accelerating from August's 3.8% increase, data from the National Bureau of Statistics showed Wednesday.