China Economy News Today (December 3, 2025): Services Slow, Property Stress Deepens as Beijing Targets 5% Growth in 2026
China’s economy entered December with a familiar mix of soft data, stressed property developers and fresh policy signals from Beijing. New surveys show the services sector losing momentum, Chinese and Hong Kong equities slipping, and the country’s housing crisis still unresolved — even as policymakers prepare to keep an ambitious growth target of around 5% for 2026 and step up support for small firms and services trade. Reuters+2The Business Times+2