It Feels Like A Recession In China
China's economy is experiencing a period of sluggish growth as a result of Beijing's zero-tolerance stance to Covid-19. Economists are debating whether or not to use the term "recession" to characterize the situation.

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For years, researchers, economists, and investors relied on a broad array of Chinese economic data to gauge the health of the world’s second-largest economy.
China's Struggles
China's economy is grappling with a severe downturn, marked by a real estate crisis that has made consumers cautious and businesses hesitant.
China's Shadow Debt
Economists estimate this off-the-books debt at $7 trillion to $11 trillion, about twice the size of China's central government debt.
China's Deflation Problem
In China, the situation of deflation is increasingly exacerbating, signaling a deeper economic downturn that could have adverse effects on the global economy.