Sales slowing: A woman and child stop by a canal in front of apartment buildings in Qidong, Jiangsu province. Home sales slowed further in the nation’s top tier cities in September. — Bloomberg
BEIJING: China’s economic momentum remained stable in September but domestic spending is weakening amid stringent virus control measures and tightening curbs on the property market.
That’s the outlook from Bloomberg’s aggregate index of eight early indicators, which stayed unchanged in September for a fifth month.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
