China’s Economy Succumbs to Slowdown and Reignites Stimulus Talk
China’s growth slowed across the board in April with investment resuming declines, calling into question the government’s reluctance to add stimulus to the economy as a global energy crisis hits factories and consumers across the world.
Official data on Monday painted a picture of an economy where booming exports no longer offset deteriorating consumption at home, prompting analysts at banks including Nomura Holdings Inc. to urge bolder measures in support of growth.