▶youtube BusinessBanking first seen 16 h ago, last 54 min ago, peak #5
China's central bank acknowledges a 'new normal' for the economy
Original: What is China’s "New Normal" acknowledged by its central bank? The China of today is no longer th...
China's central bank has openly acknowledged that the country is entering a 'new normal', a shift from the era of rapid, double-digit growth that defined its economy for decades. The acknowledgement points to slower growth and structural change as the accepted reality for the world's second-largest economy, and commentary is weighing what that admission signals for China's future and global markets.
Why now: The central bank's acknowledgement of slower structural growth marks a significant shift in how China's leadership frames its economic outlook.
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Evidence
- What is China’s "New Normal" acknowledged by its central bank? The China of today is no longer th... · 葦原大和 DEEP MAX · 119.5K
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