CHINA’S ECONOMY LOSING MOMENTUM AS RUSSIA’S IS ACCELERATING, IMF SAYS

Spread the loveFaith Nyasuguta  According to the International Monetary Fund’s latest report, China’s post-COVID economic rebound is losing momentum, whereas Russia’s prospects for growth look brighter. The lender’s growth estimate for China remained unchanged at 5.2% for this year, but key headwinds are hitting top drivers of the economy. “Following a reopening boost, China’s recovery … Continue reading CHINA’S ECONOMY LOSING MOMENTUM AS RUSSIA’S IS ACCELERATING, IMF SAYS