China’s slowing economy: What’s wrong?

August 21, 2015 12:52 PM

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Global stocks have been hit hard over concerns for the Chinese economy, with a gauge of the country’s manufacturing activity on Friday providing the latest sign of a slowdown in the world’s second-largest economy.

Although China, a major engine of global growth, has been slowing for some time, financial markets in China and elsewhere have tumbled.

Also read: China Fends Off Trade Trouble With 6.8% Growth

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