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Is China's economy 'a ticking time bomb'?

2023-08-31 05:56
The world's second largest economy faces deep-rooted challenges in the years ahead.
Is China's economy 'a ticking time bomb'?

The past six months has brought a stream of bad news for China's economy: slow growth, record youth unemployment, low foreign investment, weak exports and currency, and a property sector in crisis.

US President Joe Biden described the world's second-largest economy as "a ticking time bomb", predicting...