Home Views China Focus

Can China turn around its economy?

Manu Bhaskaran
Manu Bhaskaran5/5/2022 10:10 AM GMT+08  • 10 min read
Can China turn around its economy?
China now faces a menacing challenge from rising Covid-19 infections / Bloomberg
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

China is facing one of its most difficult domestic and international situations in decades. This has compelled its leaders to adjust policies but, because they face domestic challenges that require sometimes-conflicting policy measures, policy actions have been cautious and contradictory. This raises questions as to whether their measures can successfully avert a damaging slowdown.

As a result, the rest of the world should prepare for more fallout from China’s economic travails: global economic growth could slow; emerging market currencies could come under pressure if the Chinese yuan were to depreciate further; and depressed investor and business confidence could undermine investment, which is already faltering because of tightening monetary policies and the geopolitical uncertainties caused by the Ukraine crisis.

Government policies had weakened the domestic economy even before the current Covid-19 wave

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now