Here's Why

Here's Why China’s Economic Outlook Keeps Getting Worse

Jul 19, 2024
John Liu, Executive Editor for Greater China, discusses China's economic challenges - slow growth, weak consumer spending, ongoing property slump. Despite booming exports, risks remain. Analysis on declining prices, stagnant wages, and the need for government intervention. Impact of housing bubble, President Xi Jinping's strategy, and potential tariff threats. China's 5% growth rate's global significance and implications on key industries.
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