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International Business Times
International Business Times
Business

Asian Traders Give Mixed Reaction As China's Economic Growth Slows

China's leaders are battling to rediscover the spark in the world's number two economy (Credit: AFP)

Asian markets were mixed Friday as data showing China's economy grew slightly quicker than expected last year failed to inspire investors, with Beijing battling to revive consumption and boost the battered property sector.

The five percent expansion was in line with the target set by Beijing but the weakest since 1990 -- excluding the pandemic years -- as leaders fought to address weak consumption and a painful debt crisis in the vast property sector.

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