Reported about 1 month ago
China's economy recorded a growth of 4.6% in the third quarter of 2024, the slowest since early 2023, prompting calls for additional stimulus as the property sector continues to struggle. Despite some positive signs in consumption and factory outputs, ongoing challenges in the housing market and slowing exports highlight a need for a clearer roadmap from policymakers to stabilize and revive growth. Economists predict a downward trend in growth for the next couple of years unless structural issues are addressed.
Source: YAHOO