China’s twin-track economic system is producing doom-and-gloom headlines about home woes one second and rising fears world wide concerning the dominance of its producers the subsequent.
These conflicting indicators on Monday confirmed ongoing power in industrial manufacturing greater than offset by tepid consumption because the property hunch continues, resulting in the slowest quarterly progress tempo in 5 quarters. However by way of the fog a silver lining is changing into clear: Xi Jinping’s lengthy quest for technology-driven “high-quality progress” is definitely beginning to repay.
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