CHINA GDP GROWTH BEATS EXPECTATIONS

What happened: China's GDP grew 4.5 percent year on year in the third quarter, faster than the prior quarter's 4.3 percent and above the 4.4 percent forecast, the National Bureau of Statistics said Monday. Key numbers: Q3 GDP +4.5% y/y vs +4.3% prior and +4.4% forecast; quarterly GDP +1.2% vs +1.1% expected; nine-month Why it matters: The content says the data bolster prospects that the government will reach its full-year growth target without launching more stimulus measures. The IMF projected growth to ease to 4.5 percent this year, citing higher oil prices and structural headwinds. Coverage: 11 outlets in 24h

China GDP growth exceeded forecasts, a positive macro catalyst.

China GDP growth exceeded forecasts, a positive macro catalyst. — impact context not separately stored; see What changed.