“China Moves to Steady Its Slowing Economic Growth”
January 2, 2020
“China on Wednesday moved to pump more cash into its financial system, suggesting that Beijing remained concerned about faltering growth despite signs that the world’s second-largest economy was stabilizing…
The country’s slowdown has sent ripples through the global economy. Germany narrowly avoided a recession last fall, and its manufacturing sector has slumped in part because of reduced demand from China. Other European countries have also seen growth slow and their industrial sectors contract…”