Chinese economic growth is faltering and the biggest drag on the economy is the tanking property market, with prices falling and developers defaulting.
Domestic demand is dropping as nervous consumers opt to save rather than spend. That’s bad news for China’s vital manufacturing sector.
Add double-digit youth unemployment and the problems are piling up for president Xi Jinping.
Beijing correspondent Denis Staunton explains how, after decades of massive growth, China has slowed down and explores what it means for the rest of the world.
READ MORE
Alan Vial and Nikita Burns found guilty of murdering man (66) whose body was thrown over Sliabh Liag
Tánaiste contradicts US account of his conversation with Marco Rubio
‘Watershed moment’: Europe faces decisions about future security, Ursula von der Leyen says
Court of Appeal urged to overturn basic needs for asylum seekers decision
Presented by Bernice Harrison. Produced by Declan Conlon.
