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Podcast: Patrick Boyle On Finance
Episode: The Consequences of China's Slowdown
Description: Send us a textChina’s Economy Is Slowing Which Could Have Big Consequences for the World.Economic output grew four percent in the last quarter, a slowdown from the previous quarter. Growth faltered as home buyers and consumers became more cautious. Construction and property sales have slumped, as the country grapples with power shortages, Covid-related restrictions, a crackdown on a range of companies, and debt troubles in its property sector. Some of those pressures could ease, but China’s e...