08/08/2024 06:12
China’s export engine, vital for keeping the country’s growth target of around 5% within reach, is now threatened by signs of sagging US demand, just as Beijing is also struggling to jolt its own consumer economy.
Sales abroad have been a rare bright spot for China’s $17 trillion economy over the past six months, helping it weather the strain from sluggish domestic spending and a prolonged property slump.
Source: Bloomberg
Related Articles
