![](https://bostonglobe-prod.cdn.arcpublishing.com/resizer/A4qm26K0ft23eTE_1Zb7y-AWYCk=/506x0/cloudfront-us-east-1.images.arcpublishing.com/bostonglobe/OJ572PIIDWNGDYELI6UQTLI3TA.jpg)
China’s economy slows sharply as housing troubles squeeze spending
China’s economy grew 0.7percent in the second quarter over the previous three months, below the expectations of most economists. When projected out for the entire year, the economy grew at an annual rate of about 2.8 percent — a little less than half the …