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China's economic growth slumps in Q2, missing annual target
📈 Business

China's economic growth slumps in Q2, missing annual target

China's economy slowed sharply in the second quarter, missing Beijing's full-year growth target of 4.5–5% — already the least ambitious goal in decades. GDP grew by just 4.3%, weighed down by weak domestic demand and the impact of the Iran war on oil prices, despite strong export performance.

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