China economy slumps as top party officials meet

Chinese authorities on Monday said the country's economy had expanded by just 4.7 percent in the second quarter, some of its slowest progress in years and a sign that official efforts to revive growth were not working. The grim data came the same day as top Communist Party officials sat down for a closed-door conclave which analysts are eyeing closely for any hint of help for the ailing economy.

Jul 15, 2024 - 07:00
18217
China economy slumps as top party officials meet
Chinese authorities on Monday said the country's economy had expanded by just 4.7 percent in the second quarter, some of its slowest progress in years and a sign that official efforts to revive growth were not working. The grim data came the same day as top Communist Party officials sat down for a closed-door conclave which analysts are eyeing closely for any hint of help for the ailing economy.
Original Post >>    

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.