China’s Economic Growth Slows to 4.8%, Its Weakest Pace in a Year, as Trade Tensions Escalate
China’s economy grew by just 4.8% over the past year, marking its slowest pace of expansion in 12 months as escalating trade tensions and weakening global demand weigh on growth. Analysts attribute the slowdown to declining exports, cautious consumer spending, and ongoing strains with the United States, raising concerns about Beijing’s ability to sustain recovery amid mounting economic headwinds.
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