China’s annual GDP growth missed expectations, youth unemployment hit new record

<p>China’s Q2 GDP growth rose by 6.3% yoy, an improvement from Q1’s 4.5% but fell short of expectation 7.1% yoy. On a quarter-to-quarter basis, GDP grew by 0.8%, deceleration from the previous quarter’s 2.2% but still outpacing projected 0.5%. Despite being the fastest annual pace since Q2 2021, this performance appears skewed due to low […]</p>
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