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Beijing’s repeated pledges to shrink the state are both empty and impossible
Manufacturers’ vulnerability to supply chain shock intensified by rundown in stock levels
Rapid expansion of private company debt linked to shadow banking fuels distress
Infineon, Continental and Osram suffer as falling auto production depresses earnings
Beijing’s economic options have narrowed, limiting scope for growth boost
Hopes for recovery are being pushed to 2020 but structural forces will continue to weigh
Malaise in vehicles used to boost economy reflects dwindling options for policymakers
Effects of trade war have moved beyond manufacturing and raised recession fears
Bridge, rail and road building seen as vital to development of poorer provinces
Cutting global ties could threaten productivity, a main growth driver
Housing stimulus has been ruled out but economy will struggle with withdrawal symptoms
July surveys show fresh signs of economic weakness as stimulus hopes build
Rising house prices keep multiple homeowners happy for now despite slowing economy
No end in sight for slowdown unless government retreats further from debt commitments
US tariffs having ‘major effect’ on companies ‘wanting to leave China’, says Trump
Developers report slower activity but flagging economy could result in looser policy
More firms say trade war hurting as FTCR index falls to three-year low
Households say domestic concerns far more worrying than US tariff actions
Latest interbank market squall spells more trouble for private company financing
Reliance on old economic driver reflects failed efforts to boost private companies
Government ramrods lending market but companies reluctant to invest in weak economy
Developers report slower sales and price action as Beijing reins in local governments
FT readers share their views on the future of the world’s second-largest economy
Data show some multinationals buck trend as angst mounts for others and job security fears grow
New lenders have the tech but lack the capital and bureaucratic support to compete head on
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