China | China’s economy

Chinese netizens wonder if their economy is in “garbage time”

As the government tries to stimulate growth, some gloomily ponder the long term

A sanitation worker picks up garbage on a fog-shrouded street in Qingzhou, China, on December 28th 2023
Garbage time?Photograph: Getty Images

These have been heady times for players of China’s stockmarkets. After the government began ramping up measures in late September to inject new life into a flagging economy, share prices soared, before settling back a bit as investors waited for details. Senior legislators revealed more stimulus measures on November 8th. But public anxiety about the economy’s long-term prospects may prove hard to dispel. That was true even before Donald Trump, who is threatening massive tariffs on Chinese goods, became America’s president-elect.

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This article appeared in the China section of the print edition under the headline “Trashy thoughts”

From the November 9th 2024 edition

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