Mounting economic pain is a test for China - and the U.S.
Autor: | Henry M. Paulson Jr. |
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Zdroj: | Washington Post, The. 08/21/2023. |
Abstrakt: | Slowing global economic growth has caught up with China, which is facing, all at once, deflation, low consumer demand, high youth unemployment, slowing exports, flagging GDP growth, high government debt, challenges in the real estate sector and an aging population without an adequate social safety net. And geopolitical tensions, especially in China's largest export markets, are making things worse. [ABSTRACT FROM PUBLISHER] |
Databáze: | Regional Business News |
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