China’s Economy Holds Ground Amid Curbs to Cool Housing Market

China’s economy held ground last month following new measures to cool property markets in almost two dozen big cities.

Any sign the world’s second-largest economy is losing steam may add to uncertainty in the global economy, which already faces the prospect that U.S. President-elect Donald Trump will impose punitive tariffs on Chinese imports. But for now, it’s all about domestic drivers, with efforts to rein in property prices tapping the brakes on China’s consumer.