The magnitude and decline of China’s economic slowdown has been larger than expected this year, according to Yang Weimin, deputy director of the CPPCC’s Economic Affairs Committee. Photo: Dickson Lee
The magnitude and decline of China’s economic slowdown has been larger than expected this year, according to Yang Weimin, deputy director of the CPPCC’s Economic Affairs Committee. Photo: Dickson Lee

China’s economic growth is ‘biggest challenge’ for Beijing in 2022, senior adviser warns

  • Yang Weimin suggests that Beijing’s policymakers could rally more supportive policies to address economic deterioration and rising external challenges
  • Headwinds facing world’s second-largest economy include new Omicron variant, financial risks resulting from Evergrande debt crisis and trade relations with US

The magnitude and decline of China’s economic slowdown has been larger than expected this year, according to Yang Weimin, deputy director of the CPPCC’s Economic Affairs Committee. Photo: Dickson Lee
The magnitude and decline of China’s economic slowdown has been larger than expected this year, according to Yang Weimin, deputy director of the CPPCC’s Economic Affairs Committee. Photo: Dickson Lee
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