China’s economy is showing signs of slowing, according to the National Bureau of Statistics of China, property investment is down 10.2% year-over-year, with new home sales down 26% in that same period. In addition, new bank loans in China hit a 15-year low in July.
Yahoo Finance senior reporter Akiko Fujita joins Catalysts to give insight into China’s overall economic health and national officials’ attempts into stimulating the economy.
#youtube #China #news
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