Xi Warns of Economic Uncertainty as China Misses Growth Targets Amid Property Crisis and Weak Demand
• Xi says China's economic recovery still at "critical stage" amid sluggish domestic activity and property sector woes
• Growth slowed to 4.9% in Q3, missing 5% target which is one of China's lowest in years
• Xi urges measures to boost economy, focus on modern industrial system, domestic demand, and self-reliance in key tech
• Exports finally rose in November after months of decline, but imports dropped highlighting weak consumer activity
• Real estate crisis worsens with some big developers on brink of bankruptcy, threatening to infect other sectors