There’s a growing sense of panic in China - Sydney Morning Herald


5/23/2022 12:00:00 AM2 years 11 months ago
by Stephen Bartholomeusz

China’s economy is shuddering as its harsh COVID policies continue to cause widespread financial pain despite escalating efforts to mitigate the damage.

Amid the plunge in home sales, and despite the interest rate cuts and central and local government efforts to ease restrictions and stimulate activity, the development sector remains distressed. Last… [+4587 chars]

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