China’s economy saw the weakest expansion in a year and a half during the fourth quarter, official data show.
Gross domestic product (GDP) grew 4 percent in the final quarter of 2021 from a year earlier, China’s National Bureau of Statistics (NBS) announced on Jan. 17. That’s less than the 4.9 percent gain in the third quarter and a further deceleration from the 7.9 percent growth in the second quarter and 18.3 percent expansion in the first quarter.