China Beige Book Sees Rebalancing Reversal on Old Economy BounceBloomberg News
Manufacturing, property strengthen as retail, services stumble
Hiring still strong as deflationary pressure appears past peak
China’s economic rebalancing to consumer-led growth is reversing, according to the China Beige Book, which said third-quarter growth engines are exclusively in the “old economy.”
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.