China Gets Poorer — The Vicious Circle Threatening Its Economy

Global Finance News
Nov 5, 2026  #finance #financement

#finance
#financement

China’s property downturn is shrinking household wealth, weakening consumer confidence and holding back spending. New IMF research helps explain how this creates a vicious circle: cautious consumers spend less, businesses struggle, and pressure on jobs and incomes makes households even more cautious.

Meanwhile, tougher trade barriers threaten China’s export-led growth, while higher oil costs and disrupted Iranian supplies add pressure on businesses.

In this video, I examine what these problems mean for ordinary households, China’s economy and its prospects for growth in 2026 and 2027.