Beijing, December 19:
China’s economic slowdown deepened in recent months as investment declined and retail sales fell to post-pandemic lows, official data revealed on Thursday. Analysts said the figures indicate continuing weakness in domestic demand and challenges for policymakers in sustaining growth.
Fixed-asset investment growth slowed, while retail spending showed signs of subdued consumer confidence. Property sector weakness, regulatory constraints, and global economic uncertainty have compounded domestic challenges, affecting both urban and rural markets.
Economists warned that without targeted policy support, the slowdown could weigh on global supply chains and trade flows. Officials emphasised that measures to stimulate investment, support consumption, and encourage private-sector growth will be crucial in restoring economic momentum.
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