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China’s Slowdown and Deflation Risks: Why it Matters for the Global Economy

Justinas Liuima

Justinas Liuima

18 Aug 23

China’s post-pandemic economic recovery is slowing, following declining demand for the country’s exports and sluggish growth of domestic consumption. Ongoing real estate market problems spark concerns over the stability of China’s financial system, risking a deeper downturn for the Chinese economy. Weakening growth and rising risks in the world’s second largest economy can have significant impacts on the global economy, with important implications for global businesses and consumers. Euromonitor International answers the most frequently-asked questions around China’s economic challenges.