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Chinese Economy

Chinese Economy

China’s Industry-Led Recovery From Slump Continued in May

View photos(Bloomberg) -- China’s economy continued to inch out of the coronavirus slump in May, though a reliance on industry amid sluggish consumer demand underlines the fragility of the recovery as further infections appear.Industrial output rose 4.4% from a year earlier, versus a median estimate of a 5.0% expansion. Retail…
bubmag
June 15, 2020
Chinese Economy

The Moment When America Fell Behind

Although governments everywhere are scrambling to contain the economic fallout from COVID-19, some are approaching the task more strategically than others. The European Union and China, in particular, are focusing on long-term investments in clean energy, whereas America is doubling down on the past. DENVER – As governments around the…
bubmag
June 10, 2020