BBCNEWS World July 6, 2024
we start in china where earlier today we got to see more evidence of its economic difficulties. new home prices fell for the fifth straight month in november while property investment dropped 9.4% over the year so far. retail sales growth missed forecasts but on the plus side, industrial output, what those factories churn out, expanded in november at its fastest pace since the start of last year. the world bank is forecasting that china's economy will slow next year, with annual growth falling from 5.2% to 4.5%. duncan wrigley is chief china economist at pantheon macroeconomics. he t...