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More folks abandon Chinese Titanic

August 29, 2024 - 13:30 -- Admin

Some have been determined to go down with the ship. With China’s economic momentum subdued since March amid the real estate downturn and a tight fiscal policy stance, the investment bank now expects gross domestic product to expand 4.6% in 2024, down from an earlier estimate of 4.9%. For next year, UBS sees growth at

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