China's economy slows: China's economy grew at slowest pace in 27 years in Q2 2023. China's economy grew at its slowest pace in 27 years in the second quarter of 2023, as the country grappled with a number of challenges, including the COVID-19 pandemic and the war in Ukraine. The economy grew by 0.4% in the second quarter, compared to 4.8% in the first quarter.
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