This dazzling visualization shows how everything in China is shrinking

The Chinese economy is shrinking, and it’s happening faster than anyone expected, not even the country’s government.

As such, economists and investors around the world are working every day to paint a clear picture of what’s going on with the second largest economy in the world. The data visualization below, from a recent Credit Suisse note, should help with that.

Right now President Xi Jinping is guiding China through a delicate transition from a country with an economy based on investment, to one based on domestic purchasing power and consumption.

The thing is, until investment and the cash it brought with it is drying up faster than the Chinese consumer powers up.

As a result, manufacturing, property development, and other key drivers of the economy are all slowing down. Indicators are flashing red.

Check out this diagram from Credit Suisse. As you can see in red, every major economic indicator is down from its 4-year average.

shrinking chinese economy


Text: Business Insider UK by Linette Lopex 06-08-2015

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s