See multiple perspectives from Newsweek, American Enterprise Institute, and New York Times (News) at AllSides.com.
The news about China’s economy over the past few weeks has been daunting, to put it mildly.
The country’s growth has fallen from its usual brisk 8 percent annual pace to more like 3 percent. Real estate companies are imploding after a decade of overbuilding. And China’s citizens, frustrated by lengthy coronavirus lockdowns and losing confidence in the government, haven’t been able to consume their way out of the country’s pandemic-era malaise.Short answer: At the moment, the implications for the...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US auto sales hint slowdown as economic woes weigh - S&P Global Mobility By ReutersUS auto sales hint slowdown as economic woes weigh - S&P Global Mobility
Read more »
WTI Price Analysis: WTI rises despite Chinese economic woesThe West Texas Intermediate (WTI) climbed back above $80 at the start of the week. Still, its upside is limited due to the Chinese economic situation
Read more »
Hawaiian Electric faces financial, legal woes from deadly Maui wildfires By ReutersHawaiian Electric faces financial, legal woes from deadly Maui wildfires
Read more »
FTX Customers Hit by ‘Withdrawal' Phishing Mails After SIM Swap AttackWoes for users of the Sam Bankman-Fried-owned company show no signs of stopping.
Read more »
Does Auburn football have the ingredients to fix last season’s turnover woes?Auburn tussled with the turnover battle all season last fall, but never could pull itself out of the hole it was in. Can the Tigers right the turnover ship in 2023?
Read more »
Iron-ore remains resilient despite China's property woesThe one commodity that should be getting hammered by China’s worsening property crisis is actually doing rather well. Iron ore climbed to its highest in a month last week after a rally that has defied deepening gloom over China’s debt-laden economy. Prices have largely kept above the key $100-a-ton threshold this year despite waves of worrying news from the real estate sector, which in more normal years makes up about 40% of demand.
Read more »