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low consumer confidence – XtremeCuztoms

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Home / Tag: low consumer confidence

Tag: low consumer confidence

China on Brink of ‘Confidence Trap,’ Warn Citigroup Analysts

May 20, 2023 admin

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The Chinese economy is on the brink of being caught in a “confidence trap” as its post-pandemic recovery begins to slow. Low confidence combined with a slowdown makes it difficult for the Chinese Communist Party (CCP) to stimulate the economy using standard methods, such as interest rate cuts and infrastructure spending, warned Citigroup economists. China…

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Tag: low consumer confidence

China on Brink of ‘Confidence Trap,’ Warn Citigroup Analysts

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