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Economic Viewpoint

China’s Financial System More Vulnerable but Remains Resilient

January 24, 2020
François Dupuis, Vice-President and Chief Economist • Mathieu D’Anjou, Deputy Chief Economist • Carine Bergevin-Chammah, Economist

The faster-than-expected slowdown of China’s economy in 2018 and 2019 has raised concerns about the health of the world’s largest economy. While the slowdown was felt around the world, China received special attention due to its enormous weight in the global economy and its financial system, which is starting to show a few warning signs. Is this situation cause for concern for the rest of the global economy?