Recent statements by Li Keqiang, China’s Premier, suggest that lower GDP growth will not cause Beijing the kind of anxiety it has in the past, and that the leadership is willing to tolerate it as long as they believe unemployment is manageable. The market seems to be interpreting these comments as recognition that growth rates will drop further this year.
As China’s economy continues to slow, analysts both in China and abroad have been lowering their GDP growth forecasts at an almost predictable pace. A “hard...
Now read on...
Register to sample a report
Copyright 2022 GlobalSource Partners. All rights reserved. This Report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This Report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this Report or its contents.