China’s economic growth to cool at end of year, weighed down by slowing export demand as world recovers

Source: China – South China Morning PostChina’s economic growth is expected to decelerate in the second half of the year due to softer export demand, property tightening measures, higher commodity prices and Beijing’s carbon neutral campaign, economists said.Economists from Nomura believe China’s economy will grow by 8.9 per cent this year, up from the 2.3 per cent growth seen during a coronavirus-hit 2020.Standard Chartered economists forecast the country’s growth will reach 8 per cent this year due to a fading base effect,…Read More