Charting the Global Economy: China’s Recovery Is Losing Momentum
This article is for subscribers only.
China’s economic recovery is losing a step after an initial burst in consumer and business activity early in the year, prompting calls for more policy stimulus to bolster growth.
In neighboring Japan, the economy grew faster than expected, bolstered by consumer and business spending. Eastern European countries are staging a slow rebound, restrained by the war in Ukraine and persistent inflation.