Commentary
The most recent macroeconomic figures show that the Chinese slowdown is much more severe than expected and is attributable not only to the COVID-19 lockdowns.
Buildings in a residential area near Zhoujiazui Road in Yangpu district light up at dusk in Shanghai on April 8, 2022. Costfoto/Future Publishing via Getty Images
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Daniel Lacalle
Author
Daniel Lacalle, Ph.D., is chief economist at hedge fund Tressis and author of the bestselling books “Freedom or Equality” (2020), “Escape from the Central Bank Trap” (2017), “The Energy World Is Flat” (2015), and “Life in the Financial Markets.”
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