Posted 10/17/2023, 9:50:00 PM
Economic News: China's Slowing Growth, U.S. Retail Sales Up, Largest Chinese Developer Near Default
- Chinese GDP figures on Wednesday expected to show slowing growth to 4.4% in Q3.
- U.S. retail sales data stoked expectations for another Fed rate hike by year-end.
- Israel denied conducting an airstrike on a Gaza hospital that killed 500 people.
- Largest Chinese developer Country Garden lurching toward default on offshore debt.
- U.S. dollar creeping higher against Japanese yen and Chinese yuan.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/RXCZS7PQGNOFJDUANWV7RWKHFU.jpg)