China economic growth falls sharply, missing target

China's economic growth slowed to 4.3% in the second quarter, falling short of government targets due to weak domestic demand and the impact of the Iran war on oil prices. Despite this, the country saw strong performance in tech exports and electric vehicle sales.
Image source, VCG via Getty Images By Peter Hoskins Business reporter Published 8 minutes ago China's economic growth slowed sharply between the start of April and end of June as weak demand domestically and the impact of the Iran war on oil prices overshadowed the country's strong exports.
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in