Oz Blog News Commentary

No flood stimulus in China

June 28, 2022 - 09:30 -- Admin

Pantheon with the note. — Chinese Profits Under Pressure, and Stimulus is Still Lacking Reopening in May provided a boost to Chinese industrial production, but industrial profits continued to fall. The pace of decline moderated, but we expect profits to remain under pressure for most of the year, amidst weak demand and probable further zero-Covid

The post No flood stimulus in China appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]