BEIJING: A confluence of high inflation, low growth and rising financial fragility may be painting a gloomy picture of the world, but the steady recovery of China’s economy is proving to be a silver lining, experts say.
The US economy has reported economic contraction on an annualised basis for two consecutive quarters this year. This, they noted, rendered the world’s largest economy into a so-called technical recession.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
