
China's Q2 growth slows to 3½-year low as imbalances deepen
China’s economy grew 4.3% year-on-year in Q2, slowing from Q1’s 5.0% and undershooting its 4.5–5.0% annual target, as weak consumption and investment offset a still-strong manufacturing/export engine; June retail sales rose 1.0% and industrial output +5.3%, while fixed-asset investment fell 5.7% and housing demand remained soft, underscoring an unbalanced growth model and prompting debate over policy steps to boost domestic demand.












