China Warnings Flash Across Global Markets as Growth Disappoints
- Growth expectations revised lower following recent data
- Stocks and commodities unwind the China reopening trade
China’s muted economic rebound and Beijing’s reluctance to deploy large-scale stimulus are reverberating around the globe, crushing commodity prices and weakening equity markets.
Investors are pegging back their expectations for the world’s second-biggest economy as worries mount that its recovery from pandemic restrictions has lost momentum.