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China Could Repeat 2015’s Economic Shock, Report Finds

China’s manufacturing and export sectors are getting clobbered by U.S. tariffs
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China Could Repeat 2015’s Economic Shock, Report Finds
A worker welds wheel hubs of baby carriages for export at a factory in Hangzhou, China, on June 4, 2018. Getty Images
Rahul Vaidyanath
Updated:

NEWS ANALYSIS

China’s manufacturing and export sectors are getting clobbered by U.S. tariffs. But the ruling communist regime is trying to keep the economy from decelerating by encouraging debt-fuelled growth.

This may smooth out hiccups in the short term, but it is not a cure-all and can create bigger headaches in the long run. Also worrisome for Chinese authorities is that it suggests the narrative of China moving from an investment-driven economy to a domestic consumption-driven economy is not happening.

Rahul Vaidyanath
Rahul Vaidyanath
Journalist
Rahul Vaidyanath is a journalist with The Epoch Times in Ottawa. His areas of expertise include the economy, financial markets, China, and national defence and security. He has worked for the Bank of Canada, Canada Mortgage and Housing Corp., and investment banks in Toronto, New York, and Los Angeles.
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