Skip to content

China Sounds Alarm on Slowing Economy as Key Political Risk

  • Party organ makes rare statement on economic stability
  • Comes after Xi asked nations to prevent inflation shocks
Xi Jinping speaks at the World Economic Forum via video link on Jan. 17.

Xi Jinping speaks at the World Economic Forum via video link on Jan. 17.

Photographer: Fabrice Coffrini/AFP/Getty Images

China’s top law-enforcement body identified global inflation and slowing domestic growth as key political risks, a rare warning about the economy from one of the ruling Communist Party’s most powerful organizations.

The Asian nation is facing a combination of pressures not seen in many years, namely “shrinking demand, supply shocks and weakening expectations,” according to a commentary by the Central Political and Legal Affairs Commission, a party organ that oversees police, prosecutors and courts.