China urgently needs to address economic uncertainty, head of EU business lobby group says


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: A customer shops for fruits and vegetables at a market in Beijing, on Aug. 9.PEDRO PARDO/AFP/Getty Images The head of an influential European business lobby in China said Beijing needs to send a clear message on how it plans to revive its economy and provide clarity on a national security crackdown that is unnerving the foreign business community. The world’s second-largest economy grew at a frail pace in the second quarter, prompting top leaders to promise further policy support and analysts to downgrade their growth forecasts for the year. “There is this doubt about where...