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Home»Posts Tagged "reshape"

Browsing: reshape

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 How Your Sunglasses Could Land You a £5,000 Fine While Driving

By Lucy Contrino

Stop wasting money at the airport: travel experts reveal the add ons that are ACTUALLY worth it 

By Lucy Contrino

How has the rise of online casinos affected land-based casinos?

By Sam Allcock
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