Daily Market Updates: China’s economy grew 4.3% in the second quarter, the slowest pace

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China’s economy grew 4.3% in the second quarter, the slowest pace

The slowdown was driven by weakness in areas beyond export-focused manufacturing, with growth coming in below the prior year’s pace.

Reported · Written up by our desk · China

China’s economy expanded 4.3 percent in the second quarter compared with the same period last year, marking the slowest growth in years, according to the NYT Business.

The outlet said the figure reflected a broad slump outside of China’s export-oriented manufacturing sector.

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Sources

NYT BusinessChina’s Economy Grows at Slowest Pace in Years

Global Markets

China’s economy grew 4.3% in the second quarter, the slowest pace

More like this

Sources

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