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China found a $125 billion escape valve for an economy running out of momentum

China’s June trade numbers and second-quarter growth numbers looked strong if you look at them one at a time. However, when you put them together, they describe an economy with a very specific problem: factories are still finding buyers abroad, especially for higher-value industrial goods, while demand at home remains too weak to absorb what […] The post China found a $125 billion escape valve for an economy running out of momentum appeared first on CryptoSlate.

China found a $125 billion escape valve for an economy running out of momentum