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China’s Slowdown Could Tamp Down Global Inflation
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China’s slowdown may have a silver lining for the rest of the world: weaker inflation.
Growth in the world’s second-largest economy has tumbled this year as Covid-19 outbreaks triggered mass lockdowns and business closures. The government has announced a range of stimulus policies, but many economists say Beijing’s 2022 growth target of around 5.5% is unlikely to be achieved as long as the threat of new lockdowns hangs over the economy.
Read more on wsj.comAbout this in other media
Copper price at lowest level since 2020 as fears over global economy grow theguardian.com /2 years ago
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China’s economic growth slumps sharply after Covid lockdowns theguardian.com /2 years ago
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