Home Business news China’s economic growth slows amid Trump tariff war and property woes

China’s economic growth slows amid Trump tariff war and property woes

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GDP rises by 4.8% year on year between July and September, down from second-quarter growth rate of 5.2%

China’s economy grew at its slowest pace in a year in the latest quarter amid a trade war with the US and long-running woes in its property market.

Fragile domestic demand has left China’s economy heavily reliant on manufacturing and trade, at a time of mounting tensions with the Donald Trump administration.

Continue reading…GDP rises by 4.8% year on year between July and September, down from second-quarter growth rate of 5.2%Business live – latest updatesChina’s economy grew at its slowest pace in a year in the latest quarter amid a trade war with the US and long-running woes in its property market.Fragile domestic demand has left China’s economy heavily reliant on manufacturing and trade, at a time of mounting tensions with the Donald Trump administration. Continue reading…