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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

Experts Reveal: Why Playing Video Games Might Be the Best Thing You Can Do for Your Brain!

By Lucy Contrino

Tennessee Among Top 10 U.S. States Where Mental Health Patients Endure the Longest Emergency Room Wait Times

By Lucy Contrino

Firefighters Issue Urgent Warning: Charging Your iPhone Under Your Pillow Could Spark a Deadly House Fire

By Lucy Contrino
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