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Charles Zhang/Marketplace Asking people in China about their Lunar New Year wishes, the talk inevitably shifts to the economy.
Isaac Lawrence/AFP via Getty Images Since 2021, China’s stock markets have lost about $7 trillion in value, which has implications for the global economy.
STR/AFP via Getty Images China’s government is making employers pay more into its social welfare system, just as the economy is stalling.
STR/AFP via Getty Images China is the world’s top exporter, and its trade data is a barometer for consumer spending around the world.
Jennifer Pak/Marketplace There is a longstanding debate about whether the data is accurate. Some are skeptical of government officials’ projections of 5% growth.
Charles Zhang for Marketplace “Marketplace” host Kai Ryssdal and Shanghai correspondent Jennifer Pak walk around Sanlitun, where Ryssdal lived in the 1990s.
Christian Petersen-Clausen for Marketplace Some city-dwellers are heeding the call of China’s government for people to return and revive the countryside.
Denis Charlet/AFP via Getty Images The problem? Too little demand, too much supply. Rising interest rates are also contributing to weaker demand around the world.
Jade Gao/AFP via Getty Images China’s job market remains competitive as the economy recovers from zero-COVID. But some young people have lost their eagerness to compete.
STR/AFP via Getty Images The economies of China, the U.S. and Europe will all be affected by the cartel’s move to boost energy prices.