CNN CNN Newsroom Live October 18, 2021 06:14:00
That china is announcing that its economy is slowing down through the form of this third-quarter gdp report. it announced earlier today that its economy grew 4.9% in the third quarter compared to the same period a year ago. that is a sharp slowdown from the 7.9% growth it achieved in the previous quarter. china is facing quite a number of economic challenges. you have weak consumer spending due, in part, to ongoing delta flare-ups throughout the country. you also have the energy crisis, which is worsening due to the record-high prices of coal. it's china's main source of energy. as a result, t...
Source: archive.org