China’s economic risks build in second half ...Qatar

China’s economic risks are building in the second half of the year, with growth set to slow while inflation pressures are picking up, clouding the outlook for central bank support. A report on Monday showed factory-gate inflation surging again to 9% in July as commodity prices climbed, while core consumer prices – which strip out volatile food and fuel costs – rose the most in 18 months. At the same time, the spread of the delta variant is threatening China’s outlook, with Goldman Sachs Group Inc and JPMorgan Chase & Co downgrading growth forecasts for the third quarter and full year, and predicting more central bank easing. The latest developments are another complication for policy makers

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Last updated : 09 August 2021 clock 09:45 PM

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