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Page 14 - Economy Of China News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chinese central bank cuts key rate as economic data disappoints — Quartz

BBCNEWS World Business Report June 4, 2024 04:46:00

these fits and starts of production, the rest of us feel it around the world which is why we are looking at these incremental numbers are so closely. what this could mean is if they continue with these practices of the zero covid policy we could see it is a third quarter gdp number start to shrink which may not be very good news for the rest of us given that it is the world s second biggest economy, but nevertheless, we are keeping a close eye on those numbers of those reasons. stocks in china have come up a little bit, they were down earlier today with news that came over the weekend but with these private index numbers coming out people are feeling a little bit more positive this morning. shill positive this morning. all ri . ht, positive this morning. all right, thank you monitor and just to clarify when she says it is contract did, we re talking about the entire economy of china, butjust the private sector that looks at factory activity. well, let s stay with china.

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