Business Post's View
Editorial: China’s economic woes could have repercussions for us all
All eyes are on president Xi Jinping as he attempts to steer his country’s economy out of its current slump and back to growth
What ails China? After years of spectacular growth, the world’s second largest economy – or largest, depending on how you measure it – seems to have fallen into the doldrums. Its construction industry, which fuelled much of that growth, has almost ground to a halt, youth unemployment is alarmingly high, as are corporate debt levels, and the Communist Party is struggling to figure out what to do.
This period of low-to-no growth is new territory for China ...
