May 17, 2016

China’s Economic Deceleration And Its People

   May 17, 2016

China’s Economic Deceleration And Its People

China's_Real_GDP_Growth_and_Unemployment_Unemployment_rate_Real_GDP_growth_(vs._previous_year)_TMMChart.png

Trader’s remarks: China recorded a pronounced deceleration in growth last year, affirming that a multiyear slowdown is biting the world’s second-largest economy harder and shows little sign of abating. With growing debt and too much housing and factory capacity, 2016 is shaping to be an even tougher year. The trend to greater reliance on consumption rather than investment and industry is one the government has long said it wants to encourage. But as growth sputters further layoffs are set to rise.

Get articles like this straight to your inbox each morning with our Breakfast Briefing. Sign up by clicking here!

Log in with your details

or    

Forgot your details?

Create Account

Send this to a friend