China's GDP Growth Outpaces US in Q1 2024, Widening Gap Between the Two Economies on Nostr: China's Factory Activity Falls Unexpectedly, Prompting Calls for More Stimulus ...
China's Factory Activity Falls Unexpectedly, Prompting Calls for More Stimulus
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#c17a466a ver:0.49
China's factory activity falls unexpectedly, prompting calls for more stimulus. Industrial production grew by 6.7% in April, but retail sales only expanded by 2.3%. Weak consumer sentiment is weighing on the recovery. The People's Bank of China plans to sell $140bn of ultra-long bonds to boost economic growth. Trade tensions with the US and EU continue to pose challenges. Despite obstacles, China is diversifying its markets. IMF projects 5% growth in 2024 and urges austerity to control debt. #China #economy #stimulus #trade #IMF...
#newstr #China #FactoryActivity #Stimulus #EconomicRecovery #RetailSales #TradeTensions #IndustrialPolicy #PropertyCrisis #InterestRates #Debt #Gdp #Imf
https://here.news/story/c17a466a?ver=0.49
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#c17a466a ver:0.49
China's factory activity falls unexpectedly, prompting calls for more stimulus. Industrial production grew by 6.7% in April, but retail sales only expanded by 2.3%. Weak consumer sentiment is weighing on the recovery. The People's Bank of China plans to sell $140bn of ultra-long bonds to boost economic growth. Trade tensions with the US and EU continue to pose challenges. Despite obstacles, China is diversifying its markets. IMF projects 5% growth in 2024 and urges austerity to control debt. #China #economy #stimulus #trade #IMF...
#newstr #China #FactoryActivity #Stimulus #EconomicRecovery #RetailSales #TradeTensions #IndustrialPolicy #PropertyCrisis #InterestRates #Debt #Gdp #Imf
https://here.news/story/c17a466a?ver=0.49