What China Must Do To Revive Its Fading Recovery menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
China’s fiscal support for the economy has been weak this year, with total government spending in the first five months increasing by less than 1% compared with the same period last year, data showed.
The country’s record high youth unemployment rate may climb further in the months to come, a warning sign that will pressure policymakers to take action.
U.S.-China relations look increasingly fragile, analysts say, after a now-downed Chinese balloon forced the U.S. Secretary of State to postpone a Beijing trip.
China's recent steps to adjust Covid-19 controls and revive activity in the beaten-down property market stirred hopes that Chinese leader Xi Jinping is putting fresh emphasis on measures to support the economy, potentially leading to a strong rebound in growth next year.