Tottering Evergrande casts shadow over whole economy
Oct 22, 2021
2 minutes
By Martin Farrer and agencies
Thwarted by power outages, supply bottlenecks and Covid outbreaks, and dogged by concerns about the struggling property sector, China’s economy grew more slowly than expected in the third quarter
Although the central bank governor said China was “doing well”, independent economists are predicting that the mounting array of headwinds buffeting the economy suggested a “deeper downturn” was likely
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