China's Economy Grows at Slower Pace in Q2 2024, Raising Concerns about Economic Recovery
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#82a19eb3 ver:0.73
China's economy grows at a slower pace in Q2 2024, raising concerns about economic recovery. GDP expands by 0.7% Q/Q and 4.7% Y/Y, with weak domestic consumer demand and declining property investment. Industrial production holds up better, rising 5.3% Y/Y. Additional fiscal and monetary stimulus measures may be needed. The outlook for exports is uncertain. #ChinaEconomy #GDP #EconomicRecovery...
#newstr #China #Gdp #EconomicRecovery #DomesticDemand #ConsumerSpending #PropertySlump #IndustrialProduction #FiscalStimulus #MonetaryStimulus #AffordableHousing #Exports #Tariffs
https://here.news/story/82a19eb3?ver=0.73