China Q4 GDP growth slowed to a three-year low as domestic demand weakened, even as the full-year pace met Beijing’s target, official data showed. Gross domestic product grew 4.5% in October–December from a year earlier, easing from 4.8% in the third quarter, while 2025 growth came in at 5.0%, the National Bureau of Statistics said. A record trade surplus and firmer industrial output underscored exporters’ resilience, but consumption and investment remained soft amid a prolon