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Exports have slumped, growth has stalled and the economy even slipped into deflation. The youth unemployment figures have gotten so bad that the government has stopped publishing them. These figures - or their absence - reveals more than an economy struggling to grow after Covid. What they demonstrate is that China’s growth model over the past few decades has run out of steam.
China's economy is facing a downturn, with indicators like plummeting exports, a troubled property sector, and structural issues signaling the end of its high-growth era.
Country Garden Holdings defaulted and China Evergrande Group sought Chapter 15 protection to keep creditor restructuring plans on track. Is this China's Lehman Moment?
China’s ailing property sector is dependent on surging amounts of debt that are unsustainable. With over 40 per cent of local government bonds maturing in the next five years, authorities face a debt squeeze which, even if overcome, will recur without serious reform.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero