BEIJING (Reuters) – China’s economy grew again in the second quarter after a deep depression earlier in the year, but an unexpected weakness in domestic consumption underscored the need for more political support to boost recovery after the impact of the coronavirus crisis. Asian equity markets and the Chinese yuan …
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BEIJING (Reuters) – China’s economy grew again in the second quarter after a deep depression earlier in the year, but an unexpected weakness in domestic consumption underscored the need for more political support to boost recovery after the impact of the coronavirus crisis. Asian equity markets and the Chinese yuan …
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BEIJING (Reuters) – China’s economy is likely to return to modest growth in the second quarter after a record contraction, as the closure measures ended and politicians increased stimulus to combat the shock of the coronavirus crisis. Workers in facial masks, after the outbreak of coronavirus disease (COVID-19), work at …
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(Reuters) – The Paycheck Protection Program appears to have thrown a critical safety net under the US mid- and upper-middle-income jobs, but faltered when it comes to lower-paid jobs and industries hardest hit by the coronavirus pandemic, according to a Reuters analysis of the loan details. FILE PHOTO: People visit …
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WASHINGTON (Reuters) – The US economy will recover more slowly than expected amid a surge in new cases of coronavirus across the country, and a broad second wave of the disease could cause economic pain to deepen again Federal Reserve officials warned Tuesday. FILE PHOTO: A pedestrian walks past a …
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