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Once the symbol of unstoppable growth, China’s economy now faces a period of adjustment marked by uncertainty and structural ...
China's nominal GDP reached $17.5 trillion in 2021, a growth rate of 8.1%. We expect a slower GDP growth rate in 2022 due to very tight Covid measures in Q2 of this year. Read more here.
While Moody’s affirmed China’s A1 long-term local and foreign-currency issuer ratings on Tuesday — saying the economy still has a high shock-absorption capacity — it said it expects the ...
China’s Economic Outlook: Pep Talks Up Top, Gloom on the Ground Beijing has characterized concerns about the economic slowdown as being inflated by Western critics. Widespread anxiety and ...
They expect China’s economy to contract by 0.8% in the first quarter of 2023, before rebounding in the second quarter. Other experts also expect the economy to recover after March.
China is suffering from "economic long COVID," Adam Posen wrote in Foreign Affairs. Its sluggish post-COVID rebound may be a long-term trend, said the Peterson Institute's president. Like other ...
China's economy is likely headed for a financial crash, market veteran Ruchir Sharma warned. That's because of the property bubble that was fueled by soaring debts, he said in the Financial Times.
Fitch downgraded its outlook on China’s credit rating on Tuesday, citing increasing risks to its finances as it faces economic challenges. Lowering its outlook from stable to negative does not ...
US economic outlook improves, inflation forecasts drop and recession odds fall after US-China trade deal to reduce the highest tariffs for 90 days. What to shop first 🛍️ What to know 📋 How ...
China's Q2 GDP shrinks from Q1, Y/Y growth slows sharply; Widespread COVID lockdowns hammer industrial activity, demand; June shows bounce in activity, but global risks darken outlook ...
China has vowed to cut energy intensity - the amount of energy consumed per unit of economic growth - by around 3% in 2021 to meet its climate goals.