CGTN published this video item, entitled “China’s road to recovery” – below is their description.
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China’s factory activity kept a second month of growth, although at a slower pace, after rapid gain in June. A key indicator, the purchasing managers’ index or PMI, was 49 in July, down from 50.2 in June, government data showed. As a whole, China’s economy is at the cusp of recovery. The State Council has doubled down on policy toward price stability and job security. Amid uncertainty and global headwinds, what are the prospects of China’s economic recovery? Could measures to stabilize the economy do the trick?
CGTN YouTube Channel
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