Asian markets swing as China economic growth slows …C0NTINUE READING HERE >>>
While the Chinese economy grew at its slowest pace since early 2023, data also showed a pick-up in retail sales.
Photo: GREG BAKER / AFP
Source: AFP
Asian markets fluctuated Friday after China posted its weakest economic growth in a year and a half, as gold prices hit a record high and following a tepid lead from Wall Street.
Investors have been clamouring for Beijing to deliver more concrete plans for the country’s stuttering economy since last month’s slew of stimulus announcements that had fanned hopes officials would unload the “bazooka” policy many have been calling for.
However,…
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