China, once the engine of global economic growth, is now facing significant economic turmoil, with its growth story rapidly crumbling. In this video, we explore the multifaceted challenges that have pushed China’s economy to the brink,

China has reported its economy showed signs of slowing in July as factory output and retail sales slowed while housing prices fell further.

From reopening traditional Himalayan trade routes to easing travel and resuming direct flights, New Delhi and Beijing have unveiled a package of economic and people-to-people measures aimed at cautiously resetting their strained ties.

Officials blamed U.S. “protectionism” for the dismal July data, but growth was likely held back by real estate and new policies aimed at slowing factory investments.

The Chinese economy lost some momentum in July, backing the case for policymakers to snap out of wait-and-see mode and stimulate growth.

Policymakers are under pressure to roll out more stimulus to revive domestic demand and ward off external shocks to the $19 trillion economy.

Trump has been remarkably consistent over the years about his core economic gripe: the trade deficit. In 1987, he spent nearly $100,000 to purchase a full-page ad in three U.S. newspapers that said: “It’s time for us to end our vast deficits by making Japan, and others who can afford it, pay.”

Few commodities tell the story of China’s 21st-century economy better than humble cement, and its current output slump illustrates the depth of the nation’s building slowdown after the frenzy of the previous decade.

The country could see its potential economic output halved by mid-century amid a flagging birthrate and aging workforce.

China’s economy is stuck in a rut. Beijing’s steady incremental stimulus fuels growth spurts that have proven to not be sustainable.