- Trade war leaves little room for optimism among Chinese firms
- External tailwinds waning as companies face profit squeeze
China’s economy slowed for a sixth straight month in November as the ongoing trade war with the U.S. continued to weigh on the outlook for economic growth.
That’s the signal from a Bloomberg Economics gauge aggregating the earliest-available indicators on business conditions and market sentiment. The data suggest recent government actions to support households and private companies haven’t been enough to immediately boost the economy and allay concerns about the nation’s growth trajectory.
Matthew Boesler & Adrian Leung | Bloomberg