China GDP grows faster than expected

Updated January 17 2022 - 2:11pm, first published 2:04pm
China's economy has lost steam due to a property downturn, debt curbs and strict COVID-19 curbs.
China's economy has lost steam due to a property downturn, debt curbs and strict COVID-19 curbs.

China's economic growth was faster than expected in the final quarter of 2021 but still its weakest pace in one-and-a-half years, with the central bank cutting loan rates to cushion slowing momentum in the world's second-largest economy.

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