China's Economic Growth Rattled by Energy and Real Estate Troubles
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The world's second largest economy has run into a Great Wall.
China's National Bureau of Statistics announced Monday that the country's GDP grew a weaker-than-expected 4.9% in the third quarter of 2021, compared to the second quarter of 2020. That's way down from the 7.9% growth in the three months ending in June. On a quarter-to-quarter basis, growth fell to a mere 0.2%, making for one of the weakest quarters in a decade.
Source Fool.com
