China’s Economy Might Look Good on Paper, but It Feels Like a Recession

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Compared with much of the world, China has been reporting solid headline growth in its economy this year. But for many people on the ground, it feels more like a recession.

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China became the largest auto exporter in the world in the first quarter, yet the economy is ailing by many measures.Official data will likely show solid growth in the most recent quarter, but many say conditions in world’s No. 2 economy are grimHONG KONG—Compared with much of the world, China has been reporting solid headline growth in its economy this year. But for many people on the ground,

 

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