BBCNEWS World Business Report June 4, 2024 04:32:00
Look through those into the employment indices that they have, they are very weak and thatis have, they are very weak and that is why many people in china are really very worried because its demand that is weaker, its consumers don't really have the confidence to go out and spend, they are worried about theirjobs, youth unemployment is very high, and the property market is slumping. that is creating a negative wealth effect. the problem here really is demand. there is no surprise that this economy is going through a bit of a tortuous year because it has just come out of extremely strict covid ...