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Extreme weather behind China’s economy rising uncertainties, state bureau says many challenges in second half of 2024
Chinese authorities evacuating Dianjing residents in southwestern Chongqing after heavy rains flooded the area on July 11, 2024. — AFP pic

BEIJING, July 15 — China's economy is facing increasing external uncertainties and many domestic difficulties and challenges in the second half, a spokesperson for the National Bureau of Statistics said on Monday.

China's GDP growth of 5 per cent in the first half was "hard won” as businesses face relatively large pressures and key sectors face many risks, the spokesperson said in a statement published on the bureau's website.

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The spokesperson also said China's economic growth in the second quarter was affected by short-term factors such as extreme weather and flooding. — Reuters

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