China's Economy Slows, Leaders Seek New Growth Strategies

Chinas Economic Slowdown: A Call for Change - New reports reveal Chinas factory output and retail sales growth at a 12-month low in October, exacerbating economic challenges. The nations reliance on exports and government-funded projects for growth is being tested by US trade disputes and consumer demand issues. With industrial output and retail sales at their weakest in over a year, Chinas leaders face pressure to address economic imbalances, including boosting household spending and managing local government debts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.