China’s Economy Grew Less Than Expected In Q3, But September Activity Data May Carry The Day
"Unscathed" isn't the right word. Neither is "resilient."
Rather than cycle through my mental Rolodex for better options, I'll stick to a straightforward assessment: China is the only major economy in the world expected to grow in 2020.
While the latest updates from the IMF (out last week) did include materially improved forecasts for advanced nations, the prognosis is still dour. For emerging markets excluding China, the outlook is getting progressively worse.
But for the world's second la
I doubt you can believe anything that comes out of china or russia for that matter.
It’s easier to believe that it is closer to the truth than fiction. With billions of people and cell phones it would seem to be a stretch to think that China was suffering like the Europeans or Americans and no one would know. They may be painting a rosier picture but … i believe they really are doing better than almost everyone else. Russia on the other hand is not doing well and they can’t hide it.