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    • China: China Had a Bad Year

      Strategy Page· 10 hours ago

      For example, by mid-2023 Chinese manufacturing activity had shrunk for five months in a row. This was one of several indicators that the Chinese economy was in trouble. The shrinking of Chinese ...

    • Persistent high rates mean no escape from the debt squeeze

      Crain's Cleveland Business· 6 days ago

      Record low borrowing costs helped drive one of the world’s biggest housing booms. Many of the businesses acquired by PE firms were in the consumer sector, an industry whose customers have been hit hard by inflation.