Category: slowdown

BOJ Debated Risks From Supply Constraints, China Slowdown: September Summary

October 1, 2021
Asia & PacificbojBusiness & EconomyChinaChina Business & EconomyCompaniesConstraintsEconomiesslowdownsupplyWorld
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TOKYO—Bank of Japan (BOJ) policymakers in September saw rising risks to the economy from slowing Chinese growth, semiconductor shortages and Southeast Asian factory shutdowns, a summary of opinion expressed at their monthly rate review showed on Friday. Such heightening external risks could affect the BOJ’s fresh quarterly growth projections, due at its next policy-setting meeting…

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Fitch Cuts China 2021 GDP Forecast to +8.1 Percent Vs +8.4 Percent on Property Slowdown

September 23, 2021
Business & EconomyChinaChina Business & EconomyEconomiesFitchforecastGDPLocal NewsNew YorkpropertyRegional-Local NewsslowdownUS
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BEIJING—Fitch Ratings said on Sept. 16 that it had cut its 2021 economic growth forecast for China to 8.1 percent from 8.4 percent, citing the impact of the slowdown in the country’s property sector on domestic demand.

Business Activity Growth Slows on Supply Crunch, Hiring Woes: IHS Report

August 23, 2021
Business & Economybusiness activityEconomieseconomyinflationslowdownUSUS News
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A new report shows U.S. business activity growth slowed for a third straight month in August, weighed down by supply chain disruption, hiring woes, and softer consumer demand linked to the spread of the Delta variant. Data firm IHS Markit said in an Aug. 23 report (pdf) that its flash U.S. Composite PMI Output Index,…

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