A security guard walks past deliveries on the Wangfujing retail street in Beijing on July 14. China’s economic data for July illustrates a broad-based slowing in economic activity. Photo: AP
A security guard walks past deliveries on the Wangfujing retail street in Beijing on July 14. China’s economic data for July illustrates a broad-based slowing in economic activity. Photo: AP
Kerry Craig
Opinion

Opinion

Macroscope by Kerry Craig

In China and the US, economic recovery takes a disappointing turn

  • The potential for a slowdown in the world’s two largest economies is feeding concerns that global growth may have peaked
  • Both countries are also facing another wave of Covid-19 cases. The Delta variant is the biggest risk when it comes to the outlook for any economy

A security guard walks past deliveries on the Wangfujing retail street in Beijing on July 14. China’s economic data for July illustrates a broad-based slowing in economic activity. Photo: AP
A security guard walks past deliveries on the Wangfujing retail street in Beijing on July 14. China’s economic data for July illustrates a broad-based slowing in economic activity. Photo: AP
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