As China’s economy stumbles, should the rest of the world worry?


Its economic growth was once considered unstoppable. COVID was introduced. Slowed by three years of strict lockdowns, the Chinese economy was expected to roar back in 2023; instead, factories are slowing down, consumer prices are falling, real estate is in crisis and exports are in a slump.

The grim data indicates a serious economic slowdown, so much so that United States President Joe Biden has described China as a “ticking time-bomb”.

Elsewhere, BRICS is expanding. But is bigger stronger?

Plus, is Sri Lanka’s economy on the mend?