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Home»Posts Tagged "china’s"

Browsing: china’s

Business

China’s Economic Slowdown to Reshape Global Economy, Says Euromonitor

By Sam Allcock12/08/20240

China’s economic slowdown and ongoing deflation are set to create both winners and losers across the global economy, according to a new report by Euromonitor International. Lan Ha, Head of Economic Research at Euromonitor, highlighted that China’s post-pandemic recovery has faltered due to declining export demand and sluggish domestic consumption growth. Despite a projected growth rate of around 5.0% for 2023-2024, this figure falls short of the pre-pandemic average of 7.7% annually from 2010 to 2019. In response to the economic downturn, the People’s Bank of China has cut interest rates twice this year, in June and August. However, additional…

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Latest Stories

What is a cowboy steak and why is it trending in the UK right now? A culinary expert reveals all on the latest food trend  

By Lucy Contrino

The Costliest UK Postcodes for Getting to Work

By Lucy Contrino

Essex Film Maker’s Blatella Films continue to make their mark globally!

By Lucy Contrino
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