ANALYSIS: China Headed Toward a Decade of Economic Stagnation

Experts say Beijing isn’t waiting on rolling out a new significant stimulus package; it doesn’t have the money or fiscal space to do so. In addition, China’s economy will enter economic stagnation for 10 to 20 years at a growth rate between 0 to 2 percent.

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ANALYSIS: China Headed Toward a Decade of Economic Stagnation — Chinese laborers work at a construction site at sunset in Chongqing, China, on Mar. 6, 2005. China Photos/Getty Images

By Terri Wu

8/13/2023Updated: 8/16/2023

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News Analysis

China has slid into deflation after months of disappointing export, manufacturing, home sales, and youth employment results. That’s led to louder calls for the Chinese Communist Party (CCP) to roll out stimulus measures to kickstart the sputtering economy.

ANALYSIS: China Headed Toward a Decade of Economic Stagnation

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