IMF: Growth momentum in China slowing due to weaker private investment

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

IMF: Growth momentum in China slowing due to weaker private investment – by eren_fxstreet IMF China Growth Macroeconomics

"The overall picture of growth in China is one of slowing economy, consistent with the IMF forecasts in April," the spokesperson added."Subdued inflation in China is due to weaker demand, slack in the economy after strong reopening in the first quarter."These comments don't seem to be having a noticeable impact on risk mood. As of writing, the S&P 500 Index was up 0.6% on the day.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines