Contracted growth, interest rates lowered by the Bank of China, consumption at half mast… The post-pandemic economic recovery seems weakened in China, while the zero Covid strategy remains in force in the territory.
A slowdown which must be alarming, according to Jean-Joseph Boillot, adviser to IRIS for the major emerging countries: "We must be realistic and worry about seeing the world's largest economy
(in purchasing power parity)
in this posture .
When the world's largest trading partner is in an economic downturn, it must be taken seriously.
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