News > China facing prospect of economic slowdown

China facing prospect of economic slowdown

Dais Newsfeed | 26/05/2022 08:50 AM | Click to read full article

China may be facing an economic slowdown and could be “even struggling to break even” as countries around the world grapple with rising prices and lack of economic demand.

A statement released by China’s Premier detailed how some economic indicators since March have “apparently declined, with difficulties greater even than shockwaves brought in by the outbreak of COVID-19 in 2020”.