A big economic slump has started in China as predicted. The rest of the world has came to know about it through none other than Chinese President Xi Jinping and Prime Minister Li Keqiang.
They disclosed to the world a steep rise in short-term interest rates, falling exports and a slump in the nation’s economic growth — undesirable facts and figures that those in power in Beijing would have concealed in the past.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this support page.
We humbly apologize for the inconvenience.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.