Object

Rights:

The Polish Institute of International Affairs (PISM)

Abstract:

The economic rebound in China after the lifting of the pandemic restrictions at the end of 2022 was short-lived and the situation has now been deteriorating for several months, including because of a decline in consumption and exports. The current economic woes are rooted in an intensification of existing problems, including excessive debt, particularly in the real estate sector. The deflation recorded in July this year is indicative of deepening structural problems, including the current, ineffective growth model based on investment and exports. While a deep crisis in China’s economy is unlikely, the accumulation of the challenges will translate into lower growth rates in the coming years.

Place of Publishing:

Warsaw

Digitisation Sponsor:

The Polish Institute of International Affairs (PISM)

Publisher:

The Polish Institute of International Affairs (PISM)

Issued:

2023.09.08

Format:

PDF

Extent:

615 KB

Identifier:

oai:digit.pism.pl:4978

Source:

PISM Bulletin no. 125 (2244), 2023

Language:

eng

Is Version Of:

Biuletyn PISM nr 125 (2746), 2023

Rights Holder:

The Polish Institute of International Affairs (PISM)

Location of Physical Object:

Library of the Polish Institute of International Affairs (PISM)