CW.250.VIKING BOER–CHINA WATCH–China’s Economy Stumbles, Should We Worry.

[VIKING BOER]

CW.250.VIKING BOER – CHINA WATCH – As China’s Economy Stumbles, Should We Worry.

As China’s Economy Stumbles, should the rest of the world worry? | Counting the Cost

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Sep 2, 2023 #Aljazeeraenglish #News
China has been described as the world’s factory and the engine of global growth.
Its economic rise was once seen as unstoppable. Then came COVID. Slowed by three years of strict lockdowns, the Chinese economy was expected to roar back in 2023; instead, factories are slowing down, consumer prices are falling, real estate is in crisis and exports are in a slump.
The grim data indicates a serious economic slowdown, so much so that United States President Joe Biden has described China as a “ticking time bomb”.
>>Elsewhere, BRICS is expanding.
But is it bigger or stronger?
>>Plus, is Sri Lanka’s economy on the mend?
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