The End Of The Chinese Economic Miracle?
Source: SeekingAlpha
2025-02-05 23:30:00 ET
Summary
- Even before the start of the latest round of the US-China trade war, the Chinese economy was in deep trouble.
- A further slowing in the Chinese economy could have serious implications for the world economy in general, and for China’s Asian trade partners in particular.
- The country is now experiencing mild price deflation that could exacerbate the private sector and local government debt problem and delay consumer spending decisions.
Even before the start of the latest round of the US-China trade war, the Chinese economy was in deep trouble. Now that another round of that trade war has started, it is difficult to see how China will extricate itself from its economic troubles anytime soon....
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The End Of The Chinese Economic Miracle?
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