<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

World

China’s economy is grinding to a halt

17 July 2022

5:30 PM

17 July 2022

5:30 PM

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

Unlock 3 articles a month

REGISTER


Comments

Easter flash sale: 10 issues for $1

Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.

Already a subscriber? Log in

Close