Goldman Sachs Lowers China’s 2022 GDP Forecast to 3.0% from 3.3%: What This Means for the Global Economy
China’s Rate Cut: Pouring Water on a Tire Fire Desperation in the Housing Market This week, China made the decision to cut rates by 10 basis points in an attempt to stimulate the economy. However, many analysts are seeing this move as futile, likening it to pointing a garden hose at a tire fire. The…