Shanghai beats GDP estimates with 5.6% growth – but two-speed recovery persists

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Source: South China Morning Post
Published: 2026-07-21 11:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, Technology & AI, Economy & Finance, China, Tax & Budget, Business & Economy, Asia Pacific, Technology
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Snippet:
Official data points to a resilient tech-led rebound even as prominent economists warn household spending remains stubbornly cautious
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