China shares slide in US as Xi starts historic third term
Investors fear the world’s second largest economy will be held back by its tough Covid restrictions. …
Although official figures published on Monday showed that the economy grew at a better-than-expected rate between July and September, “there were still signs of stress as consumption has remained weak due to ongoing Covid-19 flare ups and property weakness,” Erin Xin, Greater China economist at HSBC said in a note to investors.
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