China’s Economic Long COVID – Swamponomics
8 months ago
5
Economists thought that the red dragon would come out roaring after the Chinese government lifted most COVID-related public health restrictions. But China’s economy suggests that the red dragon is taking a nap, as most data have been abysmal so far this year. There are signs of proof of life, but global financial markets are not optimistic about the health of the world’s second-largest economy.
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