China Continues To Face Economic Headwinds
Gary Ng, Senior APAC Economist, Natixis
30-Aug-24 07:30
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China has experienced a series of trade retaliatory measures, including tariffs imposed by Canada and the EU, in response to its alleged dumping of cheap goods. This comes amid a weak consumer market in the world’s second-largest economy, where e-commerce giants have been warning of declining profits. Gary Ng, Senior APAC Economist at Natixis, shares his analysis of the prospects for the Chinese economy and whether it can achieve sustainable growth.
Image Credit: shutterstock.com
Produced by: Natalie Tan
Presented by: Wong Shou Ning, Shazana Mokhtar, Philip See
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Categories: economy, international
Tags: canada-EU tariffs, world's second largest economy, china economy, sustainability,