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China’s momentum is fading after decades of supercharged growth. A much anticipated post-pandemic recovery appears to have flopped, with data flashing warning signs across the economy.The government’s traditional tools to boost growth may not provide such obvious options this time.
We’ll look at why China’s slowdown could send ripples around the world.
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The Chinese economy was forecast to recover at pace in the aftermath of the pandemic: however, it hasn't. Bloomberg looks at why highlighting three factors.
Troubles in the property sector, to the extent that property prices are falling in some parts of China, the affect of this on consumer confidence and spending, and high levels of local government debt have all played a part.