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Is china's economy crumbling?

Is china's economy crumbling?
Samory Samory 13 August, 2019
Growth in China's manufacturing sector was weaker than expected in October, falling for the second straight month in further evidence the world's largest economy is slowing. EUGENE HOSHIKO
CNBC: Trump economic advisor Larry Kudlow says China’s economy ‘is crumbling’
* “The Chinese economy is crumbling. It’s just not the powerhouse it was 20 years ago,” White House economy advisor Larry Kudlow tells CNBC.* China’s economy reportedly grew at its slowest rate in at least 27 years.* Kudlow says “any long chart of Chinese investment” or economic metrics shows “a steady downdraft.”
White House economic advisor Larry Kudlow told CNBC on Tuesday the United States holds the upper hand in trade negotiations with China due to the comparative strength of the U.S. economy.
“The Chinese economy is crumbling. It’s just not the powerhouse it was 20 years ago,” Kudlow said on “Squawk on the Street.”
“Any long chart of Chinese investment” or economic metrics shows “a steady downdraft,′ he added. “Their GDP, which is probably inflated by seve...
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