Quicktake
As China’s Economy Slows, Why the World Should Care
A worker walks through the grounds of an unfinished apartment complex in Shanghai.
Photographer: Qilai ShenThis article is for subscribers only.
Sign up for China Rising, a new weekly dispatch on where China stands now and where it's going next.
China’s economic growth is slowing. The 6% expansion reported in the third quarter is the weakest since the government began releasing quarterly data in 1992. An obvious cause is the ongoing trade war with the U.S., but the economy would be decelerating even without that as it transitions away from the high-debt, often wasteful growth model of the past. The knock-on effects are global, affecting companies and consumers alike.