Financial Times on Nostr: FirstFT: China’s second-quarter growth data misses expectations ========== China's ...
FirstFT: China’s second-quarter growth data misses expectations
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China's second-quarter growth data falls short of expectations, with GDP growth at 7.9% compared to the expected 8.1%. The slowdown is attributed to the impact of COVID-19 and supply chain disruptions. The data also reveals a decline in industrial production and retail sales growth. The Chinese government is expected to implement measures to support the economy, including targeted fiscal policies and monetary easing. The news comes amid concerns about the global economic recovery and the spread of the Delta variant. The article also mentions other topics such as the Israel-Hamas war, the Trump shooting incident, investment in America, and private equity firms slashing the use of risky debt tactics.
https://www.ft.com/content/c456a5c7-c52f-418d-bc93-b4a0562e618c
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China's second-quarter growth data falls short of expectations, with GDP growth at 7.9% compared to the expected 8.1%. The slowdown is attributed to the impact of COVID-19 and supply chain disruptions. The data also reveals a decline in industrial production and retail sales growth. The Chinese government is expected to implement measures to support the economy, including targeted fiscal policies and monetary easing. The news comes amid concerns about the global economic recovery and the spread of the Delta variant. The article also mentions other topics such as the Israel-Hamas war, the Trump shooting incident, investment in America, and private equity firms slashing the use of risky debt tactics.
https://www.ft.com/content/c456a5c7-c52f-418d-bc93-b4a0562e618c