Best of the financial columnists
Feb 04, 2022
3 minutes
China’s pride risks a fall
Katsuji Nakazawa
Nikkei Asia
China’s 8.1% growth in 2021 masks meagre growth of 4% in the last quarter, says Katsuji Nakazawa. The country faces a “serious economic slowdown” according to Yan Xuetong, a leading Chinese economist and director of the elite Tsinghua University’s Institute of International Studies: current domestic “overconfidence” is both misplaced and “bad for China’s development”. Clouds are gathering: the first case of Omicron was identified in Beijing this month, just before the Winter Olympics and
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