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China’s Stumbling Manufacturing, Property Sectors Show Long Road to Recovery
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China’s major economic pillars wobbled in July with weakness in manufacturing and the all-important property sector, showing the pressure on a country that remains a drag on the struggling global economy.
Chinese manufacturing activity unexpectedly contracted in July, as Beijing’s stringent Covid-19 restrictions and weak demand undercut hopes for a more robust economic revival.
Read more on wsj.comAbout this in other media
China Growth Slows Across All Fronts in July, Prompting Unexpected Rate Cut wsj.com /2 years ago
China’s economy slows unexpectedly as Covid outbreaks and property crisis bite theguardian.com /2 years ago
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