Economic growth in China is grinding to a halt. The days of soaring double-digit growth are over, and the malaise facing the country’s spluttering economy goes far deeper than the hit from Covid-19 lockdowns.
Gross domestic product in the April to June quarter grew by a paltry 0.4 per cent from a year earlier, according to figures released on Friday, well below the forecasts of analysts.
Already a subscriber? Log in
Easter flash sale:
10 issues for $1
Subscribe this Easter and get the next 10 issues of the magazine, plus website and app access, all for just $1.
- Weekly delivery of the magazine
- Unlimited access to spectator.com.au and app
- Spectator Australia podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Easter flash sale: 10 issues for $1
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
CLAIM OFFER 10 issues for $1Already a subscriber? Log in