China’s economy had staged an impressive recovery from the impact of the coronavirus, but is now faced with numerous headwinds including a property slump, energy crisis, weak consumer sentiment and soaring raw material costs. Photo: AFP
China’s economy had staged an impressive recovery from the impact of the coronavirus, but is now faced with numerous headwinds including a property slump, energy crisis, weak consumer sentiment and soaring raw material costs. Photo: AFP
China GDP

China GDP: economic recovery stalls, growth slows to 4.9 per cent in third quarter

  • China’s economy grew by 4.9 per cent in the third quarter of 2021 compared with a year earlier, down from the 7.9 per cent growth seen in the second quarter
  • Retail sales and industrial production rose by 4.4 per cent and 3.1 per cent, respectively, in September from a year earlier

Topic |   China GDP
China’s economy had staged an impressive recovery from the impact of the coronavirus, but is now faced with numerous headwinds including a property slump, energy crisis, weak consumer sentiment and soaring raw material costs. Photo: AFP
China’s economy had staged an impressive recovery from the impact of the coronavirus, but is now faced with numerous headwinds including a property slump, energy crisis, weak consumer sentiment and soaring raw material costs. Photo: AFP
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