China’s Got a Problem

China just set its lowest annual growth target on record – a paltry 4.5% to 5%. That’s a downgrade from the ‘around 5%’ target they’ve been clinging to for the past three years. It’s not exactly a shock, given the deflation and tariff woes they’re facing.

What’s Behind the Slowdown?

The writing’s been on the wall for a while now. Deflation’s been a major concern, and those tariffs aren’t helping. It’s a perfect storm of economic woes, and China’s struggling to stay afloat. Don’t expect things to turn around anytime soon – it’s going to be a bumpy ride.