China Economic Recovery Unstable And Uneven

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By Africa Business Radio. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
China’s economy grew at the slowest pace in a year in the three months that ended in September, buffeted by power shortages, supply bottlenecks and sporadic outbreaks of COVID-19, increasing pressure on policymakers amid rising concern about the health of the property sector.
Data released on Monday showed gross domestic product grew 4.9 per cent in the third quarter, compared with a year earlier, the slowest since the third quarter of 2020.
National Bureau of Statistics spokesman Fu Linghui says they must note that current international environment uncertainties are mounting and the domestic economic recovery is still unstable and uneven.

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