# China's stuttering recovery darkens global corporate growth outlook | Reuters

> A prolonged property downturn and high job insecurity have weakened China's fragile economic recovery. The slowdown is affecting global corporate growth expectations across trading partners.

- Date: 2024-08-02 · published 2024-08-02T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/4689-china-s-stuttering-recovery-darkens-global-corporate-growth-outlook-reuters
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Weaker Chinese growth reduces expected demand for imported soybeans and other feed ingredients, a bearish factor for those markets. The effect is gradual and the article gives no specific price move.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-01-17 | [China's 2022 economic growth one of the worst on record, post-pandemic policy faces test \| Reuters](https://feedsoft.ai/events/37986-china-s-2022-economic-growth-one-of-the-worst-on-record-post-pandemic-policy.md) | -3.1% | +0.3% |
| SOY | 2026-04-14 | [China Imports Hit Record High Amid Global Supply Pressures](https://feedsoft.ai/events/14588-china-imports-hit-record-high-amid-global-supply-pressures.md) | +0.3% | +3.2% |
| SOY | 2024-10-29 | [How the US election could impact China's markets \| Reuters](https://feedsoft.ai/events/28073-how-the-us-election-could-impact-china-s-markets-reuters.md) | +1.4% | +1.2% |
| SOY | 2020-03-09 | [Corn, soybeans, wheat drop about 2% as global markets recoil \| Financial Post](https://feedsoft.ai/events/11269-corn-soybeans-wheat-drop-about-2-as-global-markets-recoil-financial-post.md) | -4.1% | -3.3% |
| SOY | 2022-08-25 | [Inflation-hit world cheers China’s falling yuan \| Reuters](https://feedsoft.ai/events/40261-inflation-hit-world-cheers-china-s-falling-yuan-reuters.md) | -3.4% | -6.6% |

## Sources

- reuters.com: https://www.reuters.com/business/chinas-stuttering-recovery-darkens-global-corporate-growth-outlook-2024-08-02/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.