China’s economic recovery falters as Delta outbreak, Henan fl…

The Chinese economy continued to lose steam in July as key economic data for the start of the third quarter fell short of expectations, although not all economists have leapt to trim their full-year growth forecasts, with some saying there is still room for further monetary easing.With more headwinds likely in the second half of the year, last month’s data presages the possibility of a deeper slowdown in months to come, especially as sporadic Delta outbreaks continue to flare across China.Soon…

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