China’s Economy Faces Deepening Troubles in Years Ahead

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The country’s growth is showing signs of emerging from a soft patch, but its long-term prospects are darkening

HONG KONG—With the property market that long fueled China’s growth mired in a prolonged downturn, China’s economy is shifting into a lower gear.

The country’s struggling economy showed some signs of life on Wednesday, with strengthening retail sales helping to drive growth toThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

 

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