Today news
About the same in other media
30.04 - 09:53
China’s Consumers Extend Economic Rebound From Pandemic
Reading now: 615
SINGAPORE—A gauge of activity in China’s services sector reached its highest level in more than a decade in March, a sign that Chinese consumers are heading back to stores and restaurants, powering an economic recovery following the end of almost three years of strict Covid-19 controls.
The reading represents a promising signal for the global economy, which depends on Chinese consumers to prop up growth this year as their counterparts in the U.S. and Europe battle rising interest rates, high inflation and the prospect of a squeeze on lending following turmoil in the banking sector.
Read more on wsj.comAbout this in other media
China’s Consumers Give Economy a Post-Covid Boost wsj.com /1 year ago
Can China keep generative AI under its control? Well, it contained the internet theguardian.com /1 year ago
China’s Consumers Extend Economic Rebound From Pandemic wsj.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
