SHANGHAI/HONG KONG -- Fresh data out of China on Wednesday continued to paint a troubling picture of the world's No.2 economy, with home prices slumping, retail sales growth slowing and unemployment inching up.
Property and retail slumps deepen, with pressure set to persist into 2022
A construction site in Beijing: China's slumping property market is raising alarm. © Reuters
SHANGHAI/HONG KONG -- Fresh data out of China on Wednesday continued to paint a troubling picture of the world's No.2 economy, with home prices slumping, retail sales growth slowing and unemployment inching up.