News / China's economy stutters as global economic centre of gravity shifts south

China is on course for its slowest economic expansion in 40 years, say economists, as a new report claims its share of global trade growth will be halved over the next five years.

Factory output was better than expected in August, with 4.6% year-on-year growth, but analysts say this was due to August 2021 being a low base for comparison, as it was during last year’s Delta infection wave.

Julian Evans-Pritchard, senior China economist at Capital Economics, said: “China’s economy held up ...