Technology, Healthcare, Financials Jun 27, 2022 07:34 AM (GMT+8) · EqualOcean
In the first half of 2022, the Chinese economy suffered from repeated epidemics in several important cities. The Ukrainian crisis and the turmoil in the international economic and financial situation caused by the continuous interest rate hikes of the Federal Reserve have further added pressure to the economic recovery. With the joint efforts of all parties, a number of economic indicators in China were repaired in May, and the economic operation continued to improve in June. At present, the market has reached a consensus on accelerating economic recovery. However, it should also be noted that China's economy still faces many challenges and difficulties. In order to effectively cope with the triple pressures of shrinking demand, supply shock and weakening expectations, and help achieve a greater rebound in economic growth in the second half of the year, experts recommend the introduction of large-scale policies.