Sonja Laud, chief investment officer at Legal & General Investment Management (LGIM), says China is in a “balance sheet recession” which was caused by the property crisis. She said: “It’s very clear that China is facing a very difficult domestic situation.

China's current development faces many uncertainties and challenges, President Xi Jinping said at a symposium on Dec. 6, urging full preparation to achieve 2025 economic targets, state media Xinhua reported on Monday.

Chinese President Xi Jinping said yesterday China has full confidence to achieve this year’s economic growth target and will continue to play its role as the biggest engine of world economic growth. Xi made the remarks during a meeting in Beijing with heads of major international economic organizations,

Chinese President Xi Jinping said on Tuesday that China had full confidence in achieving this year's economic growth target and in continuing to play the role of the world's largest engine of economic growth.

The Chinese president welcomed international economic organisations to continue to actively participate in China-proposed Belt and Road Initiative and promote the modernisation of all countries in the world with peaceful development,