China’s business morale hits at lowest in almost a decade in December China Sentiment AUDUSD EconomicIndicator
According to a survey conducted by the World Economics Survey, China's Business Confidence Index dropped to 48.1 in December vs 51.8 in November.China’s December Business Confidence Index at the lowest since January 2013 when data began to be compiled.The survey suggests strongly that the growth rate of the Chinese economy has slowed quite dramatically, and may be heading for a recession in 2023.
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