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30 July 2023

Has China Peaked?

Ravi Agrawal

There’s been a spate of unflattering economic data out of China recently. Growth in the most recent quarter ending in June amounted to just 0.8 percent, dragged down by weak consumer spending. Trade flows have declined the most since the start of the pandemic. And rising geopolitical tensions have led multinational corporations to accelerate moves to shift their manufacturing and supply chains away from China.

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