Why China’s economic growth machine is on shaky ground
After an initial post-pandemic bounce back, China’s recovery is faltering. Economists warn the slowdown could be permanent as leader Xi Jinping prioritises national security.
Tokyo | Jamie Dimon, the JPMorgan chairman, had some unusually frank things to say about his hosts when he attended a conference in Shanghai this week.
In an interview during the trip, Dimon called China’s soaring youth unemployment figures “scary”, said the Chinese government was responsible for the uncertainty hurting investor confidence, and highlighted growing fears about US-China tensions.
Michael SmithHealth editorMichael Smith is the health editor for The Australian Financial Review. He is based in Sydney. Connect with Michael on Twitter. Email Michael at michael.smith@afr.com
