China economic outlook: Govt says all is well, but there’s gloom on the ground

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Key Points

SHANGHAI: To the residents and business owners of Chedun, a working-class neighborhood in the southwestern outskirts of Shanghai, the signs of an anemic economy are all around..

Around the affordable eateries and motley shops where workers once crowded, employees eagerly latch onto anyone passing by...

A gulf has emerged between the Chinese economy as many Chinese are experiencing it, and Beijings narrative of it and that gulf is only widening..

For many ordinary Chinese, one of the worst economic slowdowns the country has faced in decades has translated into widespread pessiYouth at a job fair in Wuhan mism and resignation..

One social media account backed by Chinas state broadcaster released a video that purported to investigate how foreign news outlets had cherry-picked statistics that predicted higher economic growth, just so they could later say China fell short...

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