China’s economy is losing momentum. What is happening and why does it matter for Australia?
Clouds are gathering over the economic powerhouse as Covid lockdowns, a distressed property market and population changes take a toll
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China, the world’s second-biggest economy, is in a rocky economic period marked by rolling Covid clampdowns.
The timing is awkward, given China is in the run-up to the 20th National Congress of the Communist party in November, which is expected to extend president Xi Jinping’s grip on power.
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