Economy News As China’s Economy Falters, So Does Middle Class Confidence
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Middle class consumers will be the principal engine of China's economy: Primavera Capital
Fred Hu, Chairman and CEO of Primavera Capital, says China's economy will be in much better shape once consumer spending normalizes. He adds that while there is no doubt the trade war was a major drag ... Read More
China's economy slows as trade war, weak demand highlight structural risks
BEIJING (Reuters) -China's economic growth slowed to the weakest pace in a year in the third quarter as fragile domestic demand left it heavily reliant on the humming of its exporting factories, ... Read More
China's economy slows as trade war, weak demand highlight structural risks
China's Q3 GDP grows 4.8% vs Q2's 5.2%, in line with forecast September data show weaker retail sales, stronger factory output Property downturn, trade tensions weigh on demand, confidence Investors ... Read More
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