China’s Economy Struggles to Bounce Back from Q2 Slowdown: A Comprehensive Analysis of the Current State and Future Outlook
The latest economic data from China show that the world’s second-largest economy unexpectedly slowed in July, raising concerns that recovery from the second quarter’s slowdown, when the economy narrowly escaped a contraction, hasn’t gained traction yet. Weaker than expected July figures from industrial production and retail sales suggest that the recovery process is still fragile,…