TSX:IVN - Post Discussion
Post by
Dragonflyinvest on Sep 16, 2024 9:02am
China economy “flashing red, or pretty close to red.”
- "Following a slew of data released over the weekend from China that painted a fairly bleak outlook for its economy, economists have tapered their expectations for the country’s full year GDP growth.
- Eswar Prasad, professor of international trade and economics at Cornell University, warned that Beijing’s economic outlook for the second half of the year is now “flashing red, or pretty close to red.”
- China's economy is going through a 'slow, painful, grinding adjustment,' analyst says (cnbc.com)
IMO Those who were counting on China to boost copper prices will likely be disappointed.
Be the first to comment on this post