China expected to post slowing growth as economic woes drag

China expected to post slowing growth as economic woes drag …C0NTINUE READING HERE >>>

China is expected to post its slowest growth in over a year and a half.
Photo: STRINGER / AFP
Source: AFP

China is expected to post its slowest growth in a year and a half on Friday, as Beijing struggles to steady an economy shaken by sluggish spending and persistent property sector woes.

Officials have in recent weeks unveiled a string of measures to reignite the world’s number-two economy, with an eye to achieving five percent annual growth.

But after a blistering market rally fuelled by hopes for a long-awaited “bazooka stimulus”, optimism has tapered as authorities refrained from…

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