Why China’s Economy Is Slumping and What It Means for the U.S.
September 14, 2022
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3:06Now PlayingWhy China’s Economy Is Slumping and What It Means for the U.S.
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as posted by the channelWhat factors are contributing to a slumping Chinese economy, and how might that affect the U.S.?
China’s central bank has started cutting interest rates in an effort to help prop up struggling businesses and consumers. But a combination of government lockdowns, corruption crackdowns and a slowing global economy have put China’s economy on a potential crash course.
I’ll detail the latest on China’s economy and explain why this downturn could harm the U.S. and the rest of the world.
I’m Dion Rabouin, a WSJ reporter covering markets and the economy. I’ll be diving into all things finance, from the popular and well-known — like crypto and stocks — to the complex and intricate — like leveraged loans, derivatives and private equity. Subscribe to join me as I take a deep dive into what’s making money move and why it matters.
#China #Economy #DionRabouin
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