China's Q2 Economic Growth Falls Short of Expectations

07/15/2024 Yahoo Finance: China's second-quarter GDP grew by 4.7% year-on-year, falling short of the expected 5.1%. This marks the fifth period of deflation in the second quarter. The release of the latest data coincides with the start of a four-day Third Plenum of the Chinese Communist Party, raising questions about President Xi Jinping's plans to revive the world's second-largest economy.
#ChinaEconomicGrowth #deflation #PropertyCrisis #XiJinping
07/15/2024 雅虎财经：中国第二季度国内生产总值（GDP）同比增长4.7%，低于预期的5.1%。这标志着第二季度出现了第五个通缩期。最新数据的发布正值中共为期四天的三中全会开始之际。这无疑会引发人们对习近平主席计划如何重振世界第二大经济体的疑问。
#中国经济增长 #通缩 #房地产危机 #习近平