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Why a slowdown in China’s economic recovery is no cause for market jitters

As recently as May, Wall Street was fretting about the long-heralded return of inflation. A sharper-than-expected economic rebound from pandemic-induced lockdowns that was powered by unprecedented amounts of stimulus and the optimism generated by vaccines led to a surge in consumer prices, especially in the United States, where fears of overheating were rife.Fast forward two months and concerns about the spike in inflation have been supplanted by mounting anxiety over a slowdown in the global…

Read the original article at South China Morning Post

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