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Irish Times (September 10)

2023/ 09/ 11 by jd in Global News

Some are hoping government stimulus will jumpstart the Chinese economy. “The more likely scenario is continued weak growth.” What remains to be seen is “is how quickly the government will shift away from stimulus measures to a faster fundamental overhaul of its growth strategy.” China needs to tackle “more persistent and structural growth challenges,” which have resulted from “an economic strategy that has historically over-relied on real estate, high local debt, inefficient state-owned enterprises, lower-end manufacturing, and domestic consumer internet platforms.”

 

Financial Times (October 8)

2021/ 10/ 09 by jd in Global News

“High levels of inflation could last longer than expected, senior central bankers in Europe have warned, signalling that persistent supply-chain bottlenecks and soaring energy costs could advance a tightening of monetary policy.”

 

Reuters (October 19)

2020/ 10/ 20 by jd in Global News

“China’s economic recovery accelerated in the third quarter as consumers shook off their coronavirus caution, although the weaker-than-expected headline growth suggested persistent risks for one of the few drivers of global demand.”

 

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