Why China’s 4.3% growth is worrying its government | Explained
China's GDP growth slowed to 4.3% in the second quarter, below the government's target of 4.5-5%, raising concerns about economic stability. This marks the lowest growth rate since 2022, amid challenges such as a real estate slowdown, sluggish consumption, and job market issues. The government is likely to face increasing pressure to implement measures to stimulate the economy and address these challenges.