China’s economy is going through a ‘slow, painful, grinding adjustment,’ analyst says

China’s economy is going through a ‘slow, painful, grinding adjustment,’ analyst says

People walk along the Huguosi street, Xicheng district, a dedicated food street in Beijing on August 23, 2024.  Adek Berry | AFP | Getty Images SINGAPORE — Following a slew of data released over the weekend from China that painted a fairly bleak outlook for its economy, analysts have tapered their expectations for the country’s … Read more