SHANGHAI -- China's growth momentum slowed sharply in November as disruptions sparked by surging COVID infections took a toll on industrial production and retail sales, with the economy headed for its weakest annual performance in years.
Property sector battered as world's No. 2 economy struggles to regain footing
People line up at a food stall in Wuhan after China eased COVID-19 curbs. The restrictions hurt the world's No. 2 economy, which is headed for its weakest annual growth in decades. © Reuters
SHANGHAI -- China's growth momentum slowed sharply in November as disruptions sparked by surging COVID infections took a toll on industrial production and retail sales, with the economy headed for its weakest annual performance in years.