In China and Europe, the work of policy super stimulus is not over yet

//In China and Europe, the work of policy super stimulus is not over yet

In China and Europe, the work of policy super stimulus is not over yet

The global economy still has a lot of catching up to do as the world bounces back from the Covid-19 pandemic. The first phase of recovery has been spectacular, with growth expanding exponentially in the first half of 2021 with so much pent-up demand coming back on stream after the lockdowns, factory closures and world trade dislocations of 2020.The second phase of recovery looks a lot less certain, though. Supply-side logjams are taking longer to unwind, with global production still hamstrung…

Article by [author-name] (c) Business - South China Morning Post - Read full story here.

By | 2021-11-29T06:30:19+00:00 November 29th, 2021|Business|Comments Off on In China and Europe, the work of policy super stimulus is not over yet