China's economy is going through a 'slow, painful, grinding adjustment,' analyst says
- Posted on September 16, 2024
- By CNBC
- 3 Views
China's economy is going through a 'slow, painful, grinding adjustment,' analyst says
Beijing's economic outlook for the second half of the year is now "flashing red, or pretty close to red," said Eswar Prasad, professor of international trade and economics at Cornell University.
