China Economy: Soft Services Data Reveals Fresh Signs of Weakness

The transcript discusses the cooling of the post-COVID economic recovery, particularly in China, where the Kishin index has declined. This slowdown is putting pressure on the Chinese government to implement further measures to support growth. The global economic implications are significant, as investors worldwide are concerned about the potential slowdown in the second half of the year.

What does the decline in the Kishin index from May to June indicate about the economic recovery?

How is the K-shaped economic recovery described in the text?

What challenges does the government face in supporting growth further?

What measures has the Chinese government taken to support economic growth?

What are the implications of the disappointing growth story in China for global investors?