China’s Economic Outlook Darkens as Property Slump and Weak Consumption Intensify

A view of unfinished residential buildings in China’s Hebei province. The country’s property sector downturn remains a drag on growth. © Reuters

By Gloria Li

September 15, 2026 11:37 JST

HONG KONG — A further slowdown in consumption and a steeper decline in property investment during August have pushed China’s economy deeper into a slump, highlighting the mounting pressure on policymakers to roll out additional stimulus measures.

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