AP: China’s economic growth weakens amid construction slowdown

Associated Press News reports:
China’s economic growth sank in the latest quarter as a construction slowdown and official curbs on energy use by factories weighed on the nation’s recovery from the coronavirus pandemic.
The world’s second-largest economy grew 4.9% over a year earlier in July-September, down from the previous quarter’s 7.9%, government data showed Monday. Factory output, retail sales and investment in construction and other fixed assets all weakened.
Growth is under pressure …

The post AP: China’s economic growth weakens amid construction slowdown appeared first on The Loadstar.

Source: The Loadstar

Be the first to comment on "AP: China’s economic growth weakens amid construction slowdown"

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

*