Tag: China economy slowdown

China’s factory output disappoints, dashing hopes for speedy recovery

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China’s factory output disappoints, dashing hopes for speedy recovery

China’s factory output growth slowed and missed expectations in July. File | Photo Credit: Reuters China’s factory output growth slowed and missed expectations in July, adding to a series of indicators that show the world’s second-largest economy is struggling to kick into a higher gear, even with recent government support. Industrial output grew 5.1% from…

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China’s top leaders vow to improve confidence in its slowing economy

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China’s top leaders vow to improve confidence in its slowing economy

A statement issued after the meeting of Polit Bureau of China’s ruling Communist Party said coming months would be tough. | Photo Credit: AP China’s powerful Polit Bureau (PB) has endorsed the ruling Communist Party’s long-term strategy for growing the economy by encouraging more consumer spending and weeding out unproductive companies to promote “survival of…

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