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Chinese economic growth among slowest in decades

punchng.com/chines...

submitted 11 months ago by uzong

Chinese economic growth among slowest in decades

submitted 11 months ago by uzong

Chinese economic growth among slowest in decades
  • China experienced slow economic growth last year, with a 5% increase, due to various challenges like a property market debt crisis and weak consumer spending.
  • Despite some positive signs in the economy, analysts predict further slowdowns in growth, especially with potential trade tensions with the US under President Trump.
  • The government has implemented support measures to boost the economy, but more efforts may be needed to increase domestic consumption and address a "crisis of confidence" among families and businesses.
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