China’s economic misery threatens global recovery from COVID-19, raising spectre of financial market chaos

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The country’s financial outlook is deteriorating so quickly that some economists now fear its stimulus-fuelled property bubble could finally burst

sector as an example of how ruthless the government can be; even though the sector was a major boon for the economy, the ruling party worried that tech giants such as Alibaba were growing too powerful.,” Mr. Dollar said of the government’s mentality.

But even before the pandemic hit, Beijing seemed aware that the sector was overheated and started using the mantra “housing is for living in, not for speculation.”

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 31. in İD

Indonesia Berita Terbaru, Indonesia Berita utama