Uncategorized

Video | China’s GDP Growth Slows, Falls Short of Forecasts

Video | China’s GDP Growth Slows, Falls Short of Forecasts


The world’s second-largest economy is grappling with a real estate debt crisis, weakening consumption, and an ageing population. Official statistics showed the economy grew by only 4.7% in the second quarter of the year. The figures came the same day that China’s ruling Communist Party kicked off a key meeting led by President Xi Jinping focused on the economy. Parmeshwar Bawa speaks with China Expert, Gunjan Singh, for what to look out for at this key meeting.



Source link
[ad_3]

Leave a Reply

Your email address will not be published. Required fields are marked *