Category: Chinese economy

Slowdown in factory production, growth in retail sales puts pressure on Chinese economy

Production at Chinese factories and growth in retail sales slowed sharply and missed expectations in July, as new COVID-19 outbreaks and flooding disrupted business operations, adding to signs that the economic recovery was slipping away. breathless. Industrial production in the world’s second-largest economy grew 6.4% year-on-year in July, data from the National Bureau of Statistics […]

GLOBAL MARKETS – Global equities tumble as China’s economy unexpectedly stumbles

* European stocks break 10-day streak of gains * Chart: Global Asset Performance * Chart: world exchange rates By Ritvik Carvalho LONDON, Aug. 16 (Reuters) – Global stocks fell on Monday after a series of Chinese economic indicators showed a surprisingly sharp slowdown in the engine of global growth, as did most of […]

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