China Economic Recovery Unstable And Uneven


Manage episode 304877573 series 2908425
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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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