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
Main Problem of Chinese Economy Is Lack of Demand: JD Digits’s Shen
By
Bloomberg News
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.
