Retail Sales Surge, China's Surprise Rate Cut, Fitch Warns On Banks 8/15/23
Squawk on the Street
00:00
Discussion on the Chinese economy and its impact on the global market
The speakers discuss the current state of China's economy, including the weakness in the real estate sector, potential resolution trust or S&L situation, and China's reluctance to close struggling companies. They also highlight the linkages between China and other countries, expressing concerns about its influence on global markets.
Play episode from 03:41
Transcript
