China's Economy Records Slowest Growth Since Late 2022 in Q2
China's economy grew by 4.3% in the second quarter, marking its slowest growth rate since late 2022 and one of the lowest on record. This indicates a significant slowdown in the country's economic expansion.
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China’s economy grows at one of its lowest rates on record
Worse-than-expected expansion of 4.3% in three months to June comes amid concerns over lopsided economy Business live – latest updates China has posted worse-than-expected growth figures for the three months to June, with the economy expanding just 4.3% – one of its lowest quarterly readings on record. The rate, which came in under the government’s target of 4.5-5%, was one of the weakest since reporting on official quarterly GDP figures began in the early 1990s. Continue reading...
By Amy Hawkins Senior China correspondent
Read full article →China's economy grows 4.3% in Q2, slowest since late 2022
Lagging consumer spending and business investment offset the boost from strong exports thanks partly to the boom in artificial intelligence.
By The Associated Press
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