Beijingers feel the pinch as economic data disappoints

Legit | 16-07-2024 02:22pm |

Shopping online, skipping meals out and a general sense that decades of double-digit growth are very much a thing of the past -- Beijingers told AFP Monday they were feeling the pinch as the economy slowed. Beijing has said it is aiming for five percent growth this year -- enviable for many Western countries but a far cry from the double-digit expansion that for years drove the Chinese economy.

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