News Snapshot:
The fears have been confirmed. The Evergrande crisis (a reflection of the real estate situation), the Delta variant and the energetic crunch they are taking a toll on China’s economic growth. The economy has gone from growing almost 9% annually in the second quarter of the year to growing less than 5% in the third quarter of this 2021. Global markets are watching with concern what is happening in China. Growth has been below expectations (4.9% of GDP) due to the consensus of Bloomberg which predicted an advance in GDP of around 5.2%. In quarterly terms (growth over the previous...
