The Business Times
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Chen Jing

Visitors in the Nanjing East Road retail area in Shanghai, China, on May 1.

China’s regional slowdown: Painful but necessary?

Many regions see Q1 growth lag national averages and slow markedly compared with last year

In comparison, China’s total imports for the whole of 2025 rose by just 0.5 per cent – far below the 6.1 per cent growth in exports – further widening the trade surplus.

Will China’s US$1.2 trillion trade surplus overwhelm global trade?

Global demand, production-side deflation and a weaker renminbi make Chinese export prices attractive

Among the four provinces with the highest GDP – Guangdong, Jiangsu, Shandong and Zhejiang – the drop in fixed-asset investment during the first three quarters all exceeded the national average.

China’s 10 trillion yuan debt clean-up falls short

Unlike most major economies, public debt in China is borne largely not by the central government but by local governments

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