Forbes: China’s Economy ‘Dismal,’ Will See No Growth, New Report

By SIMON CONSTABLE

Communist China under premier Xi Jinping is wilting fast.

The economy, already under pressure so far this year, looks to get even worse, according to a recent report from London-based consulting firm Capital Economics.

Capital kicks off with the following blistering assessment of the situation:

• “The financial world’s focus on a generational surge in inflation in advanced economies is stealing attention from a generational slowdown in China that is arguably of much greater importance for the long-term global outlook.” 

In other words, ignore China’s worsening economic quagmire at your peril. Read more here.

图片来源: 美国之音, Public domain, 

via Wikimedia Commons