Reported 27 days ago
China's economic recovery is threatened as extreme weather events disrupt industrial production and consumer spending, exacerbating a months-long slowdown. Analysts predict a significant decline in growth prospects, with some expecting the nation to struggle to meet its growth target of around 5%. Upcoming data on industrial production and retail sales is anticipated to reflect these challenges, signaling a concerning trend for the world's second-largest economy.
Source: YAHOO