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France 24
France 24
Business

Chinese quarterly growth slows, missing expectations

Workers on a high-tech assembly line. © FRANCE 24

China's Q3 GDP growth came in below forecasts at 4.9%, as power shortages, supply chain disruptions and a liquidity crisis in the real estate market continue to weigh on the economy. Also, Facebook announces a plan to hire 10,000 new EU workers to build its "metaverse", and Hollywood narrowly avoids a major production crew strike.

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