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China’s Economy Slows Sharply as Housing Troubles Squeeze Spending

After a strong start to the year, spending has slumped as a real estate downturn weighs on consumers. Communist Party leaders are meeting this week to discuss what to do about it. [Source]

Publication Date:

Origin: nytimes.com

Category: China

Topics: discuss, meeting, leaders, Party, Communist, consumers, weighs, downturn, estate, slumped, spending, start, strong, After, Spending, Squeeze, Troubles, Housing, Sharply, Slows, Economy, China’s

Source: https://www.nytimes.com/2024/07/14/business/chinas-gdp-q2.html