Mint Explainer: China’s economy struggles to find a foothold
- Optimism has been dented as key data points suggest that the country’s post-covid recovery is faltering
There have been doubts about China’s nascent economic recovery after a series of data points suggested that the world’s second-largest economy is struggling on several fronts. Industrial production numbers missed estimates by a wide margin even as youth unemployment remained a concern. Mint explains why optimism about China’s recovery has fallen.