- China's headline growth in its economy this year doesn't reflect the economic pain on the ground.
- Businesses are suffering from widening losses, job layoffs, and declining domestic and overseas orders.
- China is on the verge of slipping into deflation, with falling factory-gate prices and minimal consumer inflation.
- Youth unemployment has hit a record high, and the property sector is getting worse with falling prices.
- China's economic problems are a combination of weakening demand, deepening geopolitical tensions, and regulatory clampdowns.
China’s Economy Might Look Good on Paper, but It Feels Like a Recession
China's economy, despite solid headline growth, is suffering from widening losses, declining orders, deflation, record high youth unemployment, falling property prices, and geopolitical tensions.