China Economy

The Chinese recovery is stalling

David Llewellyn-Smith
Wednesday, 18 March 2020
Advertisement

It sure as hell ain’t v-shaped. U-shaped maybe. Probably L-shaped. Via Capital Economics:

As expected, slow and halting and now at risk from the vast external shock:

Advertisement

We’ll be damn lucky if Chinese growth doesn’t reverse into shutdown as well.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
Twitter Share
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.