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China’s economy faces a triple shock

moneyweek.com
 2021-10-22

Cover picture for the articleCan anything stop rising inflation? asks Daniel Moss on Bloomberg. How about a Chinese slowdown? The world’s second-biggest economy grew at a record 18.3% year-on-year in the first quarter of the year but has slowed sharply. GDP rose by an annual 4.9% in the third quarter, the slowest pace in a...

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Comments / 59

Paul Berger
10-22

China rebounded quickly after covid. Due to their large population they need at least 5.5% growth just to maintain their economy.Because of energy issues and financial strains due to over building and an inflated property market not to mention the amount of debt the government itself has accrued....they have some serious problems that central planning won't easily overcome in the short term.

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B B
10-23

All Communist economies collapse. Theirs is just around the corner. Remember Soviet Russia? Venezuela? many more

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Jacob Wattage
10-22

now is the time to boycott all Chinese products and goods

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