China is facing a severe economic downturn, with record youth unemployment, a slumping housing market, stagnant spending, and deflation, which has led to a sense of despair and reluctance to spend among consumers and business owners, potentially fueling a dangerous cycle.
CNBC's Jim Cramer believes that China's market won't collapse despite its recent economic challenges, as he trusts the country's leadership to address the issues and prevent a complete downfall.
China's weak economy, including an unstable property market and weak consumer demand, is posing risks to global markets and economies like the US, according to experts.
China's leader Xi Jinping assures the BRICS group that China's economy remains resilient and its long-term growth fundamentals are unchanged, despite challenges such as a property slump and weak consumer spending.
China's economy is struggling and facing a lurching from one economic challenge to the next due to failures in economic policy and the centralization of power under President Xi Jinping, which is causing bad decision-making and a decline in living standards.
China's economic weakness may pose challenges for developing economies and regions that rely on it, but the US economy is well positioned to navigate these headwinds with its investments and resources, according to US Deputy Treasury Secretary Wally Adeyemo.
Investors are becoming increasingly concerned about the state of China's economy as informal gauges, such as PMI surveys and soft surveys, indicate a deep-seated confidence problem and a potential miss of the country's 5% growth target this year, leading to a retreat from global assets exposed to the slowdown.
China's economic slowdown is causing alarm worldwide, with countries experiencing a slump in trade, falling commodity prices, and a decrease in Chinese demand for goods and services, while global investors are pulling billions of dollars from China's stock markets and cutting their targets for Chinese equities.
China's economic downturn is not as severe as many people believe, according to Nicholas Lardy of the Peterson Institute for International Economics.
Many ordinary Chinese are experiencing a widespread economic slowdown characterized by pessimism and resignation, despite Beijing's attempts to downplay concerns and project a positive narrative.
China has defended its business practices and claimed that most U.S. firms want to stay and that Beijing is working to ease market access for foreign companies, in response to concerns from American businesses and global investors about the difficulties and risks of doing business in China.
China's economy is portrayed as irrecoverably declining in the eyes of Western mainstream media.
The prospect of a prolonged economic slump in China poses a serious threat to global growth, potentially changing fundamental aspects of the global economy, affecting debt markets and supply chains, and impacting emerging markets and the United States.
China's economic challenges and failed rebound post-Covid are causing U.S. investors and businesses to view Chinese exposure as a liability, leading to underperformance in companies with high China exposure and potential bans on foreign devices, signaling a potential decline in China's economic growth.
Chinese stocks have passed the worst of the selling pressure and are still attractive to investors due to their cheap valuation and potential for growth, according to CLSA. However, Beijing needs to address concerns and risks in the economy. The MSCI China Index has fallen this year, but a pause in the Federal Reserve's tightening policy is expected to reverse market pessimism.
China's foreign ministry rejects claims by US President Joe Biden that its economy is faltering and asserts that its economy is resilient and has not collapsed, stating that it has great potential for sustained and healthy development.
China's struggling economy, including its deflation and property crisis, will have a significant impact on the US due to its high foreign investment exposure in China and the dependence of key exporting countries like Chile, Australia, and Peru on the Chinese market.
A retreat of funds from Chinese stocks and bonds is diminishing China's global market influence and accelerating its decoupling from the rest of the world, due to economic concerns, tensions with the West, and a property market crisis.
Despite concerns about China's economic decline, U.S. equity indices have remained stable, suggesting that the country's economic weakness may not be accurately reflected in the markets; this could be due to President Xi Jinping's lack of interest in implementing stimulus measures.
China's economic model is in decline and will have a significant impact on global markets, according to veteran investor David Roche, who predicts long-term struggles for manufacturing-based economies and warns of potential social unrest and geopolitical problems.
U.S. companies are losing confidence in China and some are limiting their investments due to tensions between the two countries and China's economic slowdown.
China's economic woes may not be catastrophic as its policymakers and the country's vast resources, coupled with its massive economy and global interconnectedness, offer potential for recovery despite mounting financial and geopolitical pressures.
China's efforts to reopen its economy and attract foreign investment after lifting its COVID-19 restrictions have been disappointing, with cross-border investment flows weakening, communication between the government and foreign investors strained, and business sentiment continuing to deteriorate.
China's President Xi Jinping emphasizes the need for reform and opening up the economy as foreign investors consider leaving, calling for a greater opening up of free-trade zones and a focus on playing by international trade rules. Despite these efforts, China's foreign direct investment has fallen and US businesses remain skeptical due to regulatory uncertainties and geopolitical risks.
China's economic slowdown is unlikely to trigger a global catastrophe, but multinational corporations and those indirectly linked to China will still feel the effects as household spending decreases and demand for raw materials drops. China's reduced investment abroad may affect developing countries' infrastructure projects, while the impact on China's foreign policy remains uncertain. However, concerns of a financial contagion similar to the 2008 crisis are deemed unlikely due to differences in China's financial infrastructure. While the extent of the impact is unclear, local concerns can still have unforeseen effects on the global economy.
China's economic growth appears to be slowing down, with issues such as an aging population and a collapsing housing sector leading to speculation that the country's economic miracle may be coming to an end, while its diplomatic strategies have also caused strain on international relationships.
China's exports and imports declined at a slower pace in September, indicating a gradual stabilization in the economy, although challenges remain in the face of deflationary pressure, a property crisis, global slowdown, and geopolitical tensions.
China's imports of major commodities, including crude oil, natural gas, coal, and iron ore, remained resilient in September, showing strong growth compared to the same period last year, defying the market narrative that the country's economy is struggling for momentum.
Investors remain pessimistic about the Chinese economy as China-exposed stocks continue to decline, despite signs of improvement.
