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Analysis

The Economics Story China Doesn't Own

The People's Bank of China (PBOC) building in Beijing, China, on Monday, June 26, 2023. China's consumer-driven recovery is showing more signs of losing momentum as spending slows on everything from holiday travel to cars and homes, adding to expectations for more stimulus to support the economy.
The People's Bank of China (PBOC) building in Beijing, China, on Monday, June 26, 2023. China's consumer-driven recovery is showing more signs of losing momentum as spending slows on everything from holiday travel to cars and homes, adding to expectations for more stimulus to support the economy. Foto: Bloomberg
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