Blinken meets Xi and Chinese bankers rein it in
Reuters World News
00:00
The Chinese Economy Has Softened Recently and the Outlook Moving Forward
President Xi Jinping launched a common prosperity campaign about two years ago to bridge the wealth gap. Big companies in China, they are laying off their staff because they are directly getting impacted by the economic slowdown. Not many are betting on a quick turnaround in the economic outlook.
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