China’s difficult choices as export growth slows

The writer is a finance professor at Peking University and a senior associate at the Carnegie China Center

China’s export growth has been the brightest spot in an otherwise gloomy economic performance this year as the country heads towards the Communist party’s 20th national congress this month.

Industrial output in the first eight months of 2022 was up a relatively weak 3.6 per cent over the same period in 2021, while total…