The world will feel the effects of China’s lackluster reaction to its economic problems.

Critical sectors of the Chinese economy, including real estate and exports, continue to send up warning flags, as seen by economic statistics. But so far, the response from Chinese politicians and bureaucrats has been lackluster and has had little effect. The official response has been more concerned with managing the story than with really doing something about it. After a brief lull after the Politburo meeting, outflows from Chinese markets picked up speed in August. What must happen to regain investors’ trust? Predictions for 2023 included…

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