China’s Economy Is on the Ropes

China’s Economy Is on the Ropes
People ride on bicycles on a street with little traffic in the Central Business District in Beijing, China, on May 14, 2022. Ryan Woo/Reuters
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News Analysis
Standard Chartered, Goldman Sachs, and Nomura have all cut their China GDP growth outlooks as the Chinese economy continues to suffer under the “zero-COVID” policy, a falling real estate market, a debt crisis, and a tech sector in decline.
Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
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