China's economic growth hit a three-decade low in 2018, adding to pressure on Beijing to beef up stimulus measures and settle a tariff war with Washington.China's economy recovers further from COVID-19 as retail sales rose for the first time this year.The unemployment rate fell to 5.6% in August from 5.7% in July, but still above pre-crisis averageEconomist Marc Ostwald said while China is faring better than other nations, the initial recovery momentum has also been "uneven.
However, there were risks to the resilience of consumer spending, The urban surveyed unemployment rate fell to 5.6% in August from 5.7% in July. Ostwald said that while the jobless rate had fallen from the high seen in the second quarter of 5.9%, it was still well above the pre-crisis average of 4.5%
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China is THE WORLDS BIGGEST ECONOMY. Stop lyin.
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