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Year of the Snake comes with a bite for Chinese consumers facing an economic slowdown

Summary by NBC News
As China celebrated the Lunar New Year, shoppers and travelers said they were feeling constrained by a slowdown in the world’s second-largest economy.

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American Enterprise InstituteAmerican Enterprise Institute
Right

The End of the Chinese Economic Miracle?

Even before the start of the latest round of the US-China trade war, the Chinese economy was in deep trouble. Now that another round of that trade war has started, it is difficult to see how China will extricate itself from its economic troubles anytime soon. A further slowing in the Chinese economy could have serious implications for the world economy in general and for China’s Asian trade partners in particular. After all, China is the world’s…

·Washington, United States
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NBC NewsNBC News
Lean Left

Year of the Snake comes with a bite for Chinese consumers facing an economic slowdown

As China celebrated the Lunar New Year, shoppers and travelers said they were feeling constrained by a slowdown in the world’s second-largest economy.

·United States
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The WonkThe Wonk

China economic slowdown - a ticking time bomb

With the arrival of the spring festival from the 28th to the 4th, China celebrated its traditional beginning of a new year on the 29th of January and reflected on several aspects of the previous year. Among them, the economic reports stood out as a sore thumb for the communist party. Several reports and indicators highlighted the economic slowdown that has been slowly and continuously eroding the nation’s finances. Although the indicators of thi…

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NBC News broke the news in United States on Wednesday, February 5, 2025.
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