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Июль
2024

China economy slumps as top party officials meet

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Chinese authorities on Monday said the country's economy had expanded by just 4.7 percent in the second quarter, some of its slowest progress in years and a sign that official efforts to revive growth were not working. The grim data came the same day as top Communist Party officials sat down for a closed-door conclave which analysts are eyeing closely for any hint of help for the ailing economy.



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