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China’s economy isn’t as bad as the mood suggests, growth moving in the right direction

China’s economy isn’t as bad as the mood suggests, growth moving in the right direction
Via Bloomberg comes this piece on "China’s economy isn’t as bad as the prevailing mood suggests and growth is moving in the right direction as consumer spending picks up, according to an official at the British Chamber of Commerce in China."While the recovery has slowed, “I don’t actually buy the notion that the Chinese economy is in serious systemic trouble,” “Sitting here in Beijing and traveling around China, I’m seeing more consumer spend,” he said. “We feel things are going in the right dir... Read More
Posted: Aug 30 2023, 03:53
Author Name: forexlive
Views: 111676

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