China’s Economy Struggles with 0.9% Growth | Vantage with Palki SharmaChina’s economy grew at a lacklustre 0.9% in the third quarter, underscoring the challenges the country faces as it grapples with a housing market collapse, high unemployment among young graduates, and local governments struggling to meet financial obligations. Despite recent efforts to stimulate growth, the economy continues to slow. The annualised growth rate for July through September stands at 3.6%, reflecting the urgent need for stronger government intervention. Palki Sharma takes an in-depth look at China’s economic struggles and what they mean for the future.—China | Economy | Unemployment | Xi Jinping | Firstpost | World News | News Live | Vantage | Palki Sharma | News#china #economy #unemployment #xijinping #firstpost #vantageonfirstpost #palkisharma #worldnews
