“No, China will stabilize and recover”
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China's economy, the world's second-largest, has long been the engine of global growth, but faces mounting structural challenges: slowing productivity, an aging population, massive local government debt, and a property sector in distress following years of overbuilding. The debate centers on whether these headwinds represent a temporary slowdown or signal deeper, systemic problems that could persist for years. This matters because China's economic health ripples through global supply chains, commodity prices, and growth prospects worldwide.