Beyond U.S. tariffs, the deeper economic drag in China is domestic: weak demand, a deflationary price war, debt laden local governments mortgaging assets, and collapsing trust between private business and the state.
Tag: slowdown
Ramadan shifts our focus from production to minimalism. It reminds us that we are not created to be productive all year long, that we are allowed to slow down, to be selective, and to prioritize our health and families — unlike the corporate world.
Behind the Chinese government’s easy shows of strength is a rising sense of insecurity within the regime.