Showing posts with label world economy. Show all posts
Showing posts with label world economy. Show all posts

Wednesday 12 July 2023

Global fears over China’s struggling economy


The US and China have begun talks to try to improve relations between the world’s two biggest economies. 

Bilateral trade is worth hundreds of billions of pounds a year and China’s huge spending power is critical to global financial stability. 
But the country is experiencing signs of a new economic downturn. Youth unemployment is rising, exports have been falling and property investment is down. 
Clive Myrie presents BBC News at Ten reporting by China correspondent Stephen McDonell.
 
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