China's Slower Q2 Growth Raises Concerns for Economic Recovery
TL;DR
China's second-quarter economic growth fell below market expectations, raising concerns about the recovery from the pandemic. The country has set a modest growth target of around 5% for 2023. Additionally, the jobless rate for the 16-24 age group reached a new high of 21.3% in June.
- China’s slower second-quarter growth fans recovery fears and loosening hope South China Morning Post
- China reports second-quarter GDP miss, another record high in youth unemployment CNBC
- China GDP Grows 6.3% in Second Quarter, Misses Estimate Bloomberg Television
- China's economy grows 6.3% in Q2 compared with low base CNN
- China stocks slide as GDP disappoints while typhoon halts Hong Kong trading South China Morning Post
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