Financial Times on Nostr: nostr:note1tlw30vacmqw76nhlkrghrphpc5wafdnwcskxnzxcu2wq09t0llxqkq076z

quoting note1tlw…076z

China's Economy Grows Slower Than Forecast, Prompting Discussions on Long-Term Reforms
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#82a19eb3 ver:0.77

China's economy grows slower than expected, with Q2 GDP expanding by 4.7%. Discussions on long-term reforms are underway to address underlying issues. Goldman Sachs suggests more easing policies, including a reduction in the required reserve ratio and policy interest rate, to support growth. Challenges include poor consumer spending, a struggling property sector, and uncertain export outlook. China's leaders aim to achieve a strong and sustainable economic recovery. #ChinaEconomy #GDPGrowth #Reforms #EasingPolicies...

#newstr #China #Economy #Gdp #Reforms #Stimulus

https://here.news/story/82a19eb3?ver=0.77