The two-speed nature of China’s economic growth became more pronounced last month amid an extended export boom, with consumer spending contracting for the first time since the pandemic.
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The two-speed nature of China’s economic growth became more pronounced last month amid an extended export boom, with consumer spending contracting for the first time since the pandemic.
Source link
Fewer central banks now store bullion in London and New York—a reflection of growing geopolitical concerns and the desire to ensure greater control and access to reserves. Source link
Housing starts fell 15.4% in May to 1.177 million, significantly below economists’ expectations of a 2.4% decline. Source link

