News > China's economy in bad shape, road to recovery may be long
China's economy in bad shape, road to recovery may be long
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ANI News | 08/10/2022 01:41 PM | Click to read full article
The Chinese economy is in trouble and the road to recovery may be a long one. Much of it was expected as the global economy, which buys Chinese products, has been slowing down.
Interestingly, Capital Economics predicted a major slowdown in the Chinese economy at least two years before the COVID-19 outbreak.