As China slows, Asia gets the shudders
As China’s economy plots a slower course, Asian governments, CEOs and investors are rushing back to the drawing board to stress-test earlier assumptions about 2022.
The good news?
Chinese policymakers are signaling an energetic effort to keep gross domestic product north of 5%. After a surprisingly assertive interest rate cut on January 17, the People’s Bank of China seems ready to stimulate anew in the weeks and months ahead.
And the bad news?
https://asiatimes.com/2022/01/as-china-slows-asia-gets-the-shudders/
Category: China
