Chinese economy in the face of a “very severe and complex” context

Chinese economy face "very severe new: This article explores the topic in depth.

Consequently,

Chinese economy face "very severe new:

Chinese economy face "very severe: This article explores the topic in depth.

Nevertheless,

Chinese economy face "very severe:

Keystone-SDA

The Chinese economy faces a “very severe. Meanwhile. complex situation”, the Chinese Ministry of Commerce said on Friday, adding that Beijing could in reaction to adopt support measures for the economy. Furthermore, – Chinese economy face "very severe – Chinese economy face "very severe new

(Keystone-ATS) Chinese GDP officially climbed 5.2 % in the second quarter of the year. Therefore, carried by exports boosted by the fear of a worsening of the trade war.

But analysts believe that wider support measures are chinese economy face “very severe new necessary to avoid a slowdown in the second half. due chinese economy face “very severe to sluggish consumption. deflationary pressures and persistent commercial disputes with the United States or Europe.

“We always face a very serious and complex situation. Global changes are unstable and uncertain. Some of our policies will provide new answers, “Wang Wentao said on Friday at a press conference.

“Our toolbox is busy, and we will be entirely ready,” he added.

Questioned specifically about the dependence of Chinese growth in exports. the minister replied that the government was preparing measures to “further stimulate the momentum of consumption development”.

“The Chinese economy improves, and long -term fundamentals have not changed. The characteristics of the consumption market, namely great potential, strong resilience and vitality, remain the same, “he added.

The morale of Chinese consumers remains seized by a long real estate crisis. a high unemployment rate among young people, and stagnant prices which generally chinese economy face “very severe new push consumers to postpone their purchases.

Key indicator of consumer morale, retail sales in China climbed chinese economy face “very severe 4.8% in June, according to official data published Tuesday, a figure slightly lower than forecasts.

After four months of deflation, consumer prices also increased slightly in June, according to these statistics.

chinese economy face “very severe — Chinese economy face &quot. very severe: Keystone-SDA The Chinese economy faces a “very severe and complex situation”, the Chinese Ministry of Commerc.

Chinese economy face "very severe

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