China’s Economy Not in ‘Systemic Trouble,’ British Chamber Says
08/30/2023 15:33
China’s economy isn’t as bad as the prevailing mood suggests and growth is moving in the right direction as consumer spending picks up, according to an official at the British Chamber of Commerce in China.
China’s economy isn’t as bad as the prevailing mood suggests and growth is moving in the right direction as consumer spending picks up, according to an official at the British Chamber of Commerce in China.
While the recovery has slowed, “I don’t actually buy the notion that the Chinese economy is in serious systemic trouble,” Chris Torrens, vice chairman of the chamber, said in an interview on Bloomberg Television.
Up Next
China’s Economy Not in ‘Systemic Trouble,’ British Chamber Says