Will China’s rate cuts stimulate its sluggish economy? ...Middle East

Economy by : (Quartz) -
After three years of zero-covid isolation took its toll on China’s economy, a drastic pivot away from pandemic restrictions was supposed to turbocharge an economic recovery. But the country’s growth is stalling. Exports are down. Youth unemployment is up. Plunging producer prices are raising risks of deflation. …Read more...

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