China says extreme weather hurt economic growth, posts slump in property sector | TheStarTV.com

China says extreme weather hurt economic growth, posts slump in property sector

Published on 14 Sep 2024 10:02:30 PM

Extreme weather including heavy rain and flooding in China has impacted the country's economic growth, said the National Bureau of Statistics on Sept 14.

The troubled property sector remains a major drag on growth. China's new home prices fell at the fastest pace in more than nine years in August.

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Keywords
news, august figures, statistics, economy, property market, falling prices, housing, slowdown, china, beijing, asean plus

Extreme weather including heavy rain and flooding in China has impacted the country's economic growth, said the National Bureau of Statistics on Sept 14.

The troubled property sector remains a major drag on growth. China's new home prices fell at the fastest pace in more than nine years in August.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, august figures, statistics, economy, property market, falling prices, housing, slowdown, china, beijing, asean plus

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