Chinese flags lit by street lamps at night in a park in Shenzhen on September 29. China will quickly overcome the power shortages, but developing a more resilient, sustainable energy sector will take time. Photo: Bloomberg
Chinese flags lit by street lamps at night in a park in Shenzhen on September 29. China will quickly overcome the power shortages, but developing a more resilient, sustainable energy sector will take time. Photo: Bloomberg
Yu Yongding
Opinion

Opinion

Yu Yongding

Why China’s slow economic growth is a bigger headache than its energy crunch and Evergrande’s debt crisis

  • The problems in the energy and property sectors, though serious, do not pose a systemic risk to the economy, despite the alarming news headlines
  • The more urgent task for Beijing is to reinvigorate growth that has slowed since 2010

Chinese flags lit by street lamps at night in a park in Shenzhen on September 29. China will quickly overcome the power shortages, but developing a more resilient, sustainable energy sector will take time. Photo: Bloomberg
Chinese flags lit by street lamps at night in a park in Shenzhen on September 29. China will quickly overcome the power shortages, but developing a more resilient, sustainable energy sector will take time. Photo: Bloomberg
READ FULL ARTICLE