3 insights to kick-start your day, featuring China’s growth troubles
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Synopsis
In Primeshots today: China’s growth pains; OneWeb’s step towards satellite connectivity; and DPDP Bill aims to shield data from AI.
Slowing down In the news. China's economy grew at a tepid pace in Q2 on weak demand, troubles in real estate. Inside the news. Data released on Monday showed China’s GDP grew just 0.8% in April-June from the previous quarter, as compared to a 2.2% expansion in Q1. On a YoY basis, GDP rose 6.3% in Q2, accelerating from 4.5% in Q1, but the growth rate was well below the forecast of 7.3%. Private fixed-asset investment shrank 0.2% in the first six
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