Surveys show Chinese economy growing but at modest pace

factory managers showed a mixed outlook for the world's second-largest economy in June, with growth steady but not picking up much steam.“From the perspective of output, China’s economy is maintaining expansion, but the momentum of recovery still needs to be consolidated,” the official Xinhua News Agency cited Zhao Qinghe , senior statistician for the National Bureau of Statistics, as saying.

“The PMIs for June were mixed but on balance suggest that the recovery lost some momentum last month,” Capital Economics said in a report. Xinhua said in a separate report that during the meeting the party would disclose a new round of “deep and comprehensive reforms.”While many are focused on President Biden’s debate performance, Dean Obeidallah says it was former President Trump’s statements during the event that gave offense.

China’S Economy Zhao Qinghe The China Federation Of Logistics And Purchasing Xinhua News Agency National Bureau Of Statistics

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