WHAT IF? Annette Sampson
THE STATE OF PLAY
The world's second biggest economy, and Australia's major trading partner, has been copping a lot of bad press in recent months. A Chinese downturn seems to be on everyone's playlist, with the potential to destabilise the already shaky global economy.
BUT HOW BAD ARE THINGS REALLY?
There is no doubt China has problems. After a spurt of growth earlier in the year as it came out of its extended Covid lockdown, the Chinese economy has stalled and is unlikely to meet its official growth projection of around 5%.
Consumer prices are falling, exports were down almost 15% in the year to
