China downturn exposes economy’s ‘fundamental weaknesses’ and may affect the world, say experts

Danmark Nyheder Nyheder

China downturn exposes economy’s ‘fundamental weaknesses’ and may affect the world, say experts
Danmark Seneste Nyt,Danmark Overskrifter
  • 📰 i newspaper
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 89%

The country is experiencing a protracted slump where growth is stalling and last week the Chinese yuan fell to its lowest levels in 16 years

Other problems include a high youth unemployment rate, which was a record high of 21 per cent in June and which the Government decided to stop publicising earlier this month, amid suggestions that it was an indication of the country’s slowdown.

Other issues include a change in the labour market from majority high-skilled to low-skilled jobs, an ageing population, and a struggle to shift to a consumption-based economy. The economist and author George Magnus, a research associate at Oxford and SOAS universities, agreed, saying the slowdown was “worrying” though the direct affect on UK businesses and consumers was currently “mild”.

Vi har opsummeret denne nyhed, så du kan læse den hurtigt. Hvis du er interesseret i nyheden, kan du læse hele teksten her. Læs mere:

i newspaper /  🏆 8. in UK

Danmark Seneste Nyt, Danmark Overskrifter

Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.

German minister proposes tougher rules on Chinese foreign direct investmentGerman minister proposes tougher rules on Chinese foreign direct investmentDeputy chancellor urges stricter controls on overseas groups’ operations in critical sectors such as semiconductors and AI
Læs mere »

First look at RHS Garden Bridgewater’s stunning new Chinese Music PavilionFirst look at RHS Garden Bridgewater’s stunning new Chinese Music Pavilion'The Music Pavilion will showcase genuine classical Chinese garden architecture in the UK'
Læs mere »

Chinese drone-maker DJI debuts a cargo carrierChinese drone-maker DJI debuts a cargo carrierFor dropping stuff in remote locations. Just don't mention the war in Ukraine, where DJI kit repeatedly appeared
Læs mere »

Border EV battery scrutiny drives US, China further apartBorder EV battery scrutiny drives US, China further apartConcerns raised about EV battery supply from forced labour camps
Læs mere »

China Emerges As A Global LNG Trading PowerChina is expanding its LNG trading presence and becoming a direct competitor of industry majors as it looks to secure more long-term supply.
Læs mere »

Border EV battery scrutiny drives US, China further apartBorder EV battery scrutiny drives US, China further apartConcerns raised about EV battery supply from forced labour camps
Læs mere »



Render Time: 2025-04-04 00:57:18