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China s economic recovery is stalling Here s what to expect next | Hellenic Shipping News Worldwide

China s economic recovery is stalling Here s what to expect next | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Helen qiaoAmerica qiaoGoldman sachsChina state councilPeople bankChina national statistics bureauState councilCommunist partyNational statistics bureauLouise loo

China s Economic Recovery Is Stalling Here s What to Expect Next

A raft of weak Chinese economic data in May has raised hopes of decisive policy intervention.

United statesHelen qiaoAmerica qiaoChina state councilChina national statistics bureauGoldman sachsPeople bankState councilCommunist partyChicago catch upNational statistics bureauLouise loo

More downside expected for steel as Evergrande liquidity crisis impact persists

Missed debt payments by property development giant China Evergrande Group will likely kick off a rough 2022 for the steel industry. Efforts by the Chinese government to deleverage its highly indebted property sector in 2021 sent Evergrande, its second-largest developer, into a spiral of default, and many of its peers may soon face similar challenges. .

Helen qiaoStuart burnsAmerica qiaoAmerica global researchResearch instituteShanghai futures exchangeXinhua news agencyChina evergrande groupChina metallurgical industry planningWestpac senior economist justin smirkBruce pangChina renaissance securitiesBeijing winter olympicsCentral economic work conferenceXinhua news

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