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China’s Slow Recovery Points to Hard Road Back for Global Economy

  • Industrial output comeback continues to outpace the consumer
  • Lack of demand is the biggest problem facing China’s economy
Bloomberg business news
Main Problem of Chinese Economy Is Lack of Demand: JD Digits’s Shen

The fragile recovery in China’s economy is pointing to a long road back for the rest of the world too.

A string of top-tier data all showed that China’s factory output, consumer spending and investment continued to improve in May, but there are few signs of a broad based rebound needed to spur a V-shaped recovery.