China's GDP Growth Slows, Falls Short of Forecasts

  • 5:23
  • Published On: July 16, 2024
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The world's second-largest economy is grappling with a real estate debt crisis, weakening consumption, and an ageing population. Official statistics showed the economy grew by only 4.7% in the second quarter of the year. The figures came the same day that China's ruling Communist Party kicked off a key meeting led by President Xi Jinping focused on the economy. Parmeshwar Bawa speaks with China Expert, Gunjan Singh, for what to look out for at this key meeting.

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