Commentary China’s economy continues to survive despite major obstacles, including the real estate bubble and the trade war with the United States. Ironically, China’s trade ties with the United States has been sustaining its economy—America’s dependence on Chinese goods. Despite the debate in Washington about decoupling from China and the Biden administration’s decision to keep most of the Trump-era tariffs (at least for now), the United States still wants to maintain trade relations with China. China’s GDP Growth Rate Can’t be Trusted The Wall Street Journal’s Nathaniel Taplin recently wrote about China’s economic troubles. According to the author, the three pillars that support Chinese economic growth—real estate investment, consumer spending, and exports—are all “shaky” and the outlook for 2022 remains uncertain. Taplin listed four factors that have recently tapered China’s economic growth: the property debt fiasco, Delta variant outbreak, power outages, and snarled shipping lanes. He then wrote, “Sharply weaker growth last …
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