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China slows down due to housing crisis, lack of electricity and coronavirus outbreaks in summer CORRESPONDENT IN BEIJING Updated: Keep The Chinese economy rebounded last year after the outbreak of the pandemic and was the only major nation that ended up growing, but does not finish taking off due to its strong restrictions to prevent coronavirus and structural problems. Adding up this summer’s outbreaks, port bottlenecks, the Evergrande real estate debt crisis and coal blackouts, all of this coincided during the third quarter slowing down Chinese economic growth. As announced this Monday by the National Bureau of Statistics, Gross Domestic...
