China’s Economy Stumbles From Bad to Worse

China will remain a very substantial economy for decades, but it is likely now in a slow, long-term decline.

A Chinese worker looks back as he walks along a street after work in Beijing on Dec. 28, 2015. Wang Zhao/AFP via Getty Images

Commentary

The widespread observation that China’s economic growth has slowed markedly and faces a long period of stagnation has attracted global attention in recent weeks.