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China economic growth falls sharply, missing target

BBC News·July 15, 2026
China economic growth falls sharply, missing target

China's economic growth has fallen sharply, failing to meet its target due to weak domestic demand. The country's strong export performance was not enough to offset the decline, as internal factors hindered growth. Additionally, the impact of the Iran war on global oil prices has also had a negative effect on China's economy. As a result, China's economic growth has slowed down significantly.

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