Signs of twin troubles in China

The adverse geopolitical developments are making China's economic slowdown more worrisome

The world has become so used to China as a driver of global economic growth that the possibility of the music finally stopping strains credulity among economists, businesses and scholars alike. China’s weight in the global economy has been increasing steadily. Its nominal gross domestic product (GDP) of $19.9 trillion is around 15 per cent of global GDP, making it the second largest economy in the world. It has a similar share of global trade, being the world’s largest exporter and the second largest importer of goods. About 50 per cent of the consumption of all metals in the world