China seeing a controlled softening rather than a hard landing for is economy and US Treasury Secretary says US GDP growth could stay at 2% per year for slower growth new normal
The mainland economy may bottom out over next few months, thanks to Beijing’s fine-tuning policy, as industrial production and consumption gathered steam last month and accelerated investment in infrastructure offset a deeper slide in the property market. Economists expect Beijing to roll out more mini-stimulus measures, on the top of the recent moderate easing of …