Europe cannot escape US-China trade war, Belgian economist warns
De Leus predicted that China's current "advantage" over Europe in the automotive industry will likely induce European policymakers to implement protectionist legislation in the near future, thereby exacerbating tensions with Beijing.
https://www.brusselstimes.com/626484/europe-cannot-escape-us-china-trade-war-belgian-economist-warns
Europe cannot escape US-China trade war, Belgian economist warns
China unveiled a series of measures to boost domestic consumption Monday after more gloomy data about the health of the economy. But it stopped short of announcing a major package of new spending or tax cuts.
What are global companies saying about China's economy?
Major global firms ranging from banks to chipmakers are taking a largely cautious stance on their China business amid a frail recovery at the world's second-largest economy from a pandemic slowdown.
China dribbles out new hints on stimulus as weak data stokes expectations Chinese authorities released additional policy guidelines on Monday but no concrete measures to boost the sputtering economy and domestic consumption, leaving investors wanting as dull activity data heightened pressure for officials to act.
Don't Be So Gloomy About China's Economy – Matthews Asia
Recent data signals that a gradual, consumer-led recovery is underway, and the two main, short-term obstacles to a return to pre-pandemic growth levels are likely to recede in the coming quarters, Andy Rothman at Matthews Asia, an investment specialist, said this week.
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