China’s Q4 GDP Growth at Slowest in 18 Months: Official Data

China’s Q4 GDP Growth at Slowest in 18 Months: Official Data
A worker in protective overalls works near containers on a ship in Qingdao city in east China's Shandong Province on Nov. 7, 2021. Chinatopix via AP
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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.