Economics

China's Slowing Economy: What You Need to Know

A Yum! Brands KFC outlet in Beijing on March 6Photograph by Tomohiro Ohsumi/Bloomberg
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Growth in China is cooling—that in itself is no longer news. What’s made headlines recently, though, is that it’s decelerating much faster than anticipated. Here are some important things you need to know about the world’s second-largest economy.

No. 1: The slowdown is for real