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View Full Version : China's Economic Recovery Is Built On Increasingly Shaky Foundations And That Could A



NewsBot
26-Jun-23, 20:11
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

China's Economic Recovery Is Built On Increasingly Shaky Foundations And That Could Affect The Whole World



https://caithness-business.co.uk/image_cache/na20607_tn.jpg
Confidence in China's post-COVID recovery has started to waver over the past week after the world's second-largest economy reported disappointing figures for two of the major drivers of its economy: property and exports. In response, China's central bank is taking the opposite approach to western counterparts like the Bank of England by cutting its main interest rates to try to stimulate investment in its economy. [Read Full Article (https://caithness-business.co.uk/article/20607)]