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China’s economy is in more trouble than markets think

China’s economic slowdown just got real. The world is well aware that Asia’s biggest economy is growing at its slowest pace since 1992. The 6% growth in gross domestic product recorded for July to September reflects a rapid weakening of demand from abroad as the trade war damages production.

 

Yet three developments last week suggest China may be in more trouble than President Xi Jinping’s government admits.

 

Read More: https://asia.nikkei.com/Opinion/China-s-economy-is-in-more-trouble-than-markets-think

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