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China Growth Slows Sharply, Putting GDP Target Out of Reach

  • Growth just 0.4% in second quarter despite June improvement
  • Economists see China’s demand for imports remaining weak
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WATCH: China’s economy grew at the slowest pace since the initial coronavirus outbreak in Wuhan. Enda Curran reports.Source: Bloomberg
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China’s economy grew at the slowest pace since the country was first hit by the coronavirus outbreak two years ago, making Beijing’s growth target for the year increasingly unattainable as economists downgrade their forecasts further.