QUICKREADS
Business
China’s Economy Shows Signs of Summer Slowdown
China's economy shows signs of weakness as retail sales, industrial production, and investment slow. Unemployment rose to 5.3%, and the housing market struggles with falling prices and declining property investment. Consumer demand remains weak, prompting calls for stimulus. Despite a 5.3% growth in the first half of the year, analysts anticipate further slowdown due to global trade tensions and reduced consumer spending.

