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China's Economy Hits Near-Record Low Growth of 4.3% โ€” And India Should Pay Attention

The GuardianยทThursday, 16 July 2026
China's Economy Hits Near-Record Low Growth of 4.3% โ€” And India Should Pay Attention

China's economy grew just 4.3% in the three months to June, one of its lowest quarterly readings on record and worse than expected. The slowdown comes amid concerns about a lopsided economy, with weak consumer spending and business investment. Strong exports, partly boosted by an AI boom, were not enough to offset the drag.

Why It Matters

China is India's largest trading partner and neighbour โ€” a slowing Chinese economy affects trade flows, supply chains, and regional economic competition that directly touch Indian businesses.

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