Friday, June 30, 2023

Is there a fix for China's economy?

Here's today's Big Take.

June 30, 2023

A stalled housing construction project in Zunyi, the Guizhou province. Photographer: Qilai Shen

Read the story

This was meant to be the year China's economy roared back to help power global growth. Instead, consumer spending is sluggish, the property market is crisis-ridden, exports are weakening, youth unemployment is at a record high and local government debt is towering. And there's no easy fix — raising the question of whether China is headed for a Japan-style malaise after 30 years of unprecedented economic growth.

Read The Big Take.

Listen to the podcast

Bloomberg's Greg Stohr and Zoe Tillman join this episode to talk about the US Supreme Court's controversial rulings, ethics questions and its willingness to assert its power among the three branches of government.

Subscribe and listen on iHeart, Apple and Spotify.

No comments:

Post a Comment

hillbilly AI? (inside a $100 trillion breakthrough)

Legendary investor Louis Navellier has found money-making opportunities for 40+ years by finding specific stocks that win regardless of wh...