China's GDP growth slows to 4% in October-December

China's sluggish property sector and the restrictions imposed to control covid-19 cases is now taking a toll on its economy. The world's second largest economy has slowed down in the last few months of 2021 resulting into four percent growth in October to December period which is a further deceleration from the 4.9 percent growth that it registered in the third quarter of last year.