As China's Xi Jinping Prepares To Meet Trump At G20, Chinese Economy Stable But Weak

2019-07-12 2


Business Insider reports the state of the Chinese economy heading into a meeting of the G20 is stable--but weak. Policymakers say that attempts to target injections of credit into the system won't be enough to keep the economy stable in the face of increasing pressure. And that pressure isn't just coming from the trade war, but China's old nemesis — corporate and financial sector debt.