«Данное сообщение (материал) создано и (или) распространено иностранным средством массовой информации, выполняющим функции иностранного агента, и (или) российским юридическим лицом, выполняющим функции иностранного агента»

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Consumers are stuck inside during a three-day holiday

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2.1875rem;}.css-s6z5ja figure{margin:0;min-width:100%;}.css-s6z5ja figure figcaption{display:inline;font-family:var(–mb-typeface-sans);font-size:var(–mb-typestyle-label-3-size);font-variant:var(–mb-typestyle-label-3-figures);font-weight:var(–mb-font-weight-semibold);line-height:var(–mb-typestyle-label-3-leading);}.css-s6z5ja audio{display:block;margin-top:0.75rem;width:100%;}.css-s6z5ja +figure,.css-s6z5ja +.g-fallback+figure{margin-top:0;}Listen to this story

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Shanghai was hit by Typhoon Bebinca on September 16th. Hundreds of thousands of residents were evacuated in what state media called the strongest storm to rip through the financial hub in 75 years. Fierce winds uprooted trees and toppled billboards. The weather also disrupted the three-day mid-autumn festival. Officials had hoped to see a big increase in consumption during the holiday. Faced with a sluggish economy, the government is encouraging people to spend more. But Shanghai’s residents were stuck inside during much of the festival. Even elsewhere, consumer demand has been soggy.■

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EconomyChina.css-2x8c4j{margin:0.875rem 0;}.css-2x8c4j .e12sz0jx0+*{margin-top:0.875rem;}.el1rg701+.css-2x8c4j{margin-top:0;}.css-1aogxph{color:var(–mb-colour-greyscale-london-20);font-family:var(–mb-typeface-sans);font-size:var(–mb-typestyle-label-2-size);font-variant:var(–mb-typestyle-label-2-figures);line-height:var(–mb-typestyle-label-2-leading);}.css-1aogxph s,.css-1aogxph del{-webkit-text-decoration:line-through;text-decoration:line-through;text-decoration-thickness:0.0625rem;}.css-1aogxph b{font-weight:var(–mb-font-weight-semibold);}.css-1aogxph i{font-style:italic;}.css-1aogxph sup{font-feature-settings:’sups’ 1;}.css-1aogxph sub{font-feature-settings:’subs’ 1;}.css-1aogxph u{text-decoration-thickness:0.0625rem;}.css-1aogxph a{color:var(–mb-colour-greyscale-london-20);-webkit-text-decoration:underline;text-decoration:underline;text-decoration-thickness:0.0625rem;text-underline-offset:0.1875rem;}.css-1aogxph a:hover,.css-1aogxph a:focus,.css-1aogxph a:active{text-decoration-thickness:var(–mb-spacing-3xs);}.css-1aogxph a:hover{color:var(–mb-colour-base-chicago-30);}.css-1aogxph a:hover span{text-decoration-color:var(–mb-colour-base-chicago-30);}.css-1aogxph a:focus{background-color:var(–mb-colour-base-chicago-90);color:var(–mb-colour-greyscale-london-5);text-decoration-color:var(–mb-colour-greyscale-london-5);outline:none;}.css-1aogxph a:active{background-color:var(–mb-colour-base-chicago-90);color:var(–mb-colour-base-chicago-30);text-decoration-color:var(–mb-colour-base-chicago-30);}

This article appeared in the China section of the print edition under the headline “A typhoon hits Shanghai and the Chinese economy groans”

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China

September 21st 2024

• →Anger abounds as China raises its strikingly low retirement age
• →By raising the retirement age, has China created a care crisis?
• →China has freed an American pastor. Does it want anything in return?
• →A typhoon hits Shanghai and the Chinese economy groans

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From the September 21st 2024 edition

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⇒Explore the edition.css-v7aorn{margin-top:0.875rem;}.css-v7aorn +.eq1asik0{margin-top:3rem;padding-bottom:0;}.el1rg701+.css-v7aorn{margin-top:0;}.css-9ejc71{position:relative;border-bottom:0;border-top:0.0625rem solid var(–mb-colour-greyscale-london-85);color:var(–mb-colour-greyscale-london-35);}.css-9ejc71 .ebxshaw0{margin-top:0;}.css-9ejc71 >.e5z0ibw0>*{padding:var(–mb-spacing-md) 0;}.css-9ejc71 >.e5z0ibw0>*:nth-of-type(2){border-top:0.0625rem solid var(–mb-colour-greyscale-london-85);}@media (min-width: 37.5rem){.css-9ejc71 >.e5z0ibw0>*:nth-of-type(2){border-top:0;}}.css-9ejc71 >.e5z0ibw0 .e5z0ibw0{gap:var(–mb-spacing-sm);}.css-yb4x8x{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;-webkit-align-items:stretch;-webkit-box-align:stretch;-ms-flex-align:stretch;align-items:stretch;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:flex-start;justify-content:flex-start;}@media (min-width: 37.5rem){.css-yb4x8x{-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;}}@media (min-width: 37.5rem){.css-yb4x8x{-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;}}@media (min-width: 37.5rem){.css-yb4x8x{-webkit-box-pack:end;-ms-flex-pack:end;-webkit-justify-content:flex-end;justify-content:flex-end;}}.css-1j1j36d{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-box-flex-wrap:wrap;-webkit-flex-wrap:wrap;-ms-flex-wrap:wrap;flex-wrap:wrap;row-gap:0.6rem;-webkit-column-gap:var(–mb-spacing-sm);column-gap:var(–mb-spacing-sm);}ShareReuse this content.css-169lzn0{position:relative;-webkit-align-self:auto;-ms-flex-item-align:auto;align-self:auto;display:none;}@media (min-width: 80rem){.css-169lzn0{grid-column-start:9;}}@media (min-width: 89rem){.css-169lzn0{grid-column-start:13;}}@media (min-width: 80rem){.css-169lzn0{grid-column-end:13;}}@media (min-width: 89rem){.css-169lzn0{grid-column-end:17;}}@media (min-width: 80rem){.css-169lzn0{grid-row-start:1;}}@media (min-width: 80rem){.css-169lzn0{grid-row-end:span 4;}}@media (min-width: 80rem){.css-169lzn0{display:block;}}.css-169lzn0:last-child::after{height:0;}.css-1y1zooy{display:inline;}.css-1y1zooy >*+*{margin-top:2rem;}.css-1y1zooy >*:only-child{margin-top:1.25rem;}.css-1y1zooy >*:last-child{position:-webkit-sticky;position:sticky;top:1.5rem;}.css-mqgbir{margin-top:6rem;}.css-mqgbir .ds-section-headline{margin-bottom:1rem;}

More from China

@media (min-width: 60rem){.css-1os14tz .e141dkbw0 .e141dkbw0:last-of-type{padding-bottom:1.5rem;}}@media (min-width: 60rem){.css-1os14tz .e141dkbw0 .e141dkbw0{padding-bottom:1.5rem;}}@media (min-width: 80rem){.css-1os14tz .e141dkbw0 .e141dkbw0{padding-bottom:0;}}@media (min-width: 60rem){.css-1os14tz .e141dkbw0>hr+.e11kl3g90:last-of-type{padding-bottom:1.5rem;}}@media (min-width: 60rem){.css-1os14tz .e141dkbw0:nth-of-type(5){padding-bottom:1.5rem;}}.css-1os14tz .e3mhczn0 .e3mhczn0{margin-top:-0.25rem;}@media (min-width: 80rem){.css-1os14tz .e141dkbw0:nth-of-type(3) .e3mhczn0{margin-top:0;}}.css-114o6rp{display:grid;grid-auto-flow:row;grid-column-gap:var(–mb-responsive-grid-gutter);grid-row-gap:2.75rem;grid-auto-columns:1fr;margin-left:auto;margin-right:auto;max-width:89.5rem;overflow:hidden;position:relative;grid-row-gap:1.5rem;grid-template-areas:”group1″ “line” “group2” “line2” “group3″;}@media (min-width: 60rem){.css-114o6rp{grid-template:auto/repeat(12, minmax(0, 1fr));}}@media (min-width: 60rem){.css-114o6rp{grid-template-areas:”group1 group1 group1 group1 group1 group1 group2 group2 group2 group2 group2 group2” “line line line line line line line line line line line line” “group3 group3 group3 group3 group3 group3 group3 group3 group3 group3 group3 group3″;}}@media (min-width: 80rem){.css-114o6rp{grid-template-areas:”group1 group1 group1 group1 group2 group2 group2 group2 group2 group3 group3 group3″;}}.css-1f07iwu{grid-area:group1;position:relative;-webkit-align-self:auto;-ms-flex-item-align:auto;align-self:auto;}.css-1f07iwu::after{background-color:var(–mb-colour-greyscale-london-85);content:”;height:100%;position:absolute;right:-1rem;right:calc(-1 * var(–ds-grid-gap));top:0;width:1px;}.css-1f07iwu:last-child::after{height:0;}.css-12lyffs{position:relative;width:100%;margin-top:0;overflow:hidden;display:block;}.eeawncf0 .css-12lyffs,.e1ns5z760 .css-12lyffs{margin-top:0;margin-bottom:0;}@media (min-width: 22.5rem){.eeawncf0 .css-12lyffs,.e1ns5z760 .css-12lyffs{margin-top:0;margin-bottom:0;}}@media (min-width: 37.5rem){.eeawncf0 .css-12lyffs,.e1ns5z760 .css-12lyffs{margin-top:0;margin-bottom:0;}}@media (min-width: 60rem){.eeawncf0 .css-12lyffs,.e1ns5z760 .css-12lyffs{margin-top:-0.25rem;margin-bottom:0;}}@media (min-width: 80rem){.eeawncf0 .css-12lyffs,.e1ns5z760 .css-12lyffs{margin-top:0;margin-bottom:0;}}.e1ft9m2r0 .css-12lyffs{margin-left:0.75rem;margin-top:0;}@media (max-width:29.9375rem){.e1ft9m2r0 .css-12lyffs{padding-top:0.375rem;}}.css-koo8ga{position:relative;float:none;width:100%;margin:0;padding:0;}.css-koo8ga img{display:block;}.css-koo8ga svg{bottom:0;display:block;left:0;position:absolute;width:15%;}.css-koo8ga+.exn4l0u0{margin-top:0.5rem;}.css-koo8ga+style+.exn4l0u0{margin-top:0.5rem;}.css-koo8ga+.e9vcwtd0{margin-top:0.5rem;}.css-koo8ga+style+.e9vcwtd0{margin-top:0.5rem;}.css-koo8ga+.e1etum70{margin-top:0.5rem;}.css-koo8ga+style+.e1etum70{margin-top:0.5rem;}.css-fjl2tu{font-family:var(–mb-typeface-serif);font-size:var(–mb-typestyle-title-4-size);font-variant:var(–mb-typestyle-title-4-figures);font-weight:normal;line-height:var(–mb-typestyle-title-4-leading);}.css-fjl2tu a{-webkit-text-decoration:none;text-decoration:none;color:var(–mb-colour-greyscale-london-5);display:block;}.css-fjl2tu a:hover,.css-fjl2tu a:hover{color:var(–mb-colour-base-chicago-30);-webkit-text-decoration:underline;text-decoration:underline;}.css-fjl2tu a:focus,.css-fjl2tu a:focus{background-color:var(–mb-colour-base-chicago-95);color:var(–mb-colour-greyscale-london-5);outline:none;-webkit-text-decoration:underline;text-decoration:underline;}.css-fjl2tu a:active,.css-fjl2tu a:active{color:var(–mb-colour-base-chicago-30);}.css-fjl2tu a::before{bottom:0;content:”;display:block;left:0;opacity:0;overflow:hidden;position:absolute;right:0;text-indent:-999em;top:0;white-space:nowrap;z-index:1;}.css-fjl2tu+.esimp700,.css-fjl2tu+style+.esimp700{margin-top:0.5rem;}.e1p220na0 .css-fjl2tu+.esimp700{margin-top:0;}

Chinese authorities try to stop parents gaming the exam system (again)

.css-1p38euj{color:var(–mb-colour-greyscale-london-5);font-family:var(–mb-typeface-serif);max-width:43.75rem;font-size:var(–mb-typestyle-body-1-size);font-variant:var(–mb-typestyle-body-1-figures);line-height:var(–mb-typestyle-body-1-leading);}

They will go to great lengths to try

.css-o65eh1{grid-area:group2;position:relative;-webkit-align-self:auto;-ms-flex-item-align:auto;align-self:auto;}.css-o65eh1::after{background-color:var(–mb-colour-greyscale-london-85);content:”;height:100%;position:absolute;right:-1rem;right:calc(-1 * var(–ds-grid-gap));top:0;width:1px;}.css-o65eh1:last-child::after{height:0;}.css-153odn9{position:relative;width:100%;margin-top:0;overflow:hidden;display:block;}.eeawncf0 .css-153odn9,.e1ns5z760 .css-153odn9{margin-top:0;margin-bottom:0;}@media (min-width: 22.5rem){.eeawncf0 .css-153odn9,.e1ns5z760 .css-153odn9{margin-top:0;margin-bottom:0;}}@media (min-width: 37.5rem){.eeawncf0 .css-153odn9,.e1ns5z760 .css-153odn9{margin-top:0;margin-bottom:0;}}@media (min-width: 60rem){.eeawncf0 .css-153odn9,.e1ns5z760 .css-153odn9{margin-top:-0.25rem;margin-bottom:0;}}@media (min-width: 80rem){.eeawncf0 .css-153odn9,.e1ns5z760 .css-153odn9{margin-top:0;margin-bottom:0;}}.e1ft9m2r0 .css-153odn9{margin-left:0.75rem;margin-top:0;}@media (max-width:29.9375rem){.e1ft9m2r0 .css-153odn9{padding-top:0.375rem;}}.css-cxlel1{position:relative;float:none;width:100%;margin:0;padding:0;}.css-cxlel1 img{display:block;}.css-cxlel1 svg{bottom:0;display:block;left:0;position:absolute;width:15%;}.css-cxlel1+.exn4l0u0{margin-top:0.5rem;}.css-cxlel1+style+.exn4l0u0{margin-top:0.5rem;}.css-cxlel1+.e9vcwtd0{margin-top:0.5rem;}.css-cxlel1+style+.e9vcwtd0{margin-top:0.5rem;}.css-cxlel1+.e1etum70{margin-top:0.5rem;}.css-cxlel1+style+.e1etum70{margin-top:0.5rem;}@media (min-width: 30rem){.css-cxlel1{margin:0.25rem 0 0 1.5rem;padding:0;float:right;width:33%;}.css-cxlel1+.exn4l0u0{margin-top:0;}.css-cxlel1+.e9vcwtd0{margin-top:0;}.css-cxlel1+.e1etum70{margin-top:0;}}.css-1mxvqtz{font-family:var(–mb-typeface-serif);font-size:var(–mb-typestyle-title-3-size);font-variant:var(–mb-typestyle-title-3-figures);font-weight:normal;line-height:var(–mb-typestyle-title-3-leading);}.css-1mxvqtz a{-webkit-text-decoration:none;text-decoration:none;color:var(–mb-colour-greyscale-london-5);display:block;}.css-1mxvqtz a:hover,.css-1mxvqtz a:hover{color:var(–mb-colour-base-chicago-30);-webkit-text-decoration:underline;text-decoration:underline;}.css-1mxvqtz a:focus,.css-1mxvqtz a:focus{background-color:var(–mb-colour-base-chicago-95);color:var(–mb-colour-greyscale-london-5);outline:none;-webkit-text-decoration:underline;text-decoration:underline;}.css-1mxvqtz a:active,.css-1mxvqtz a:active{color:var(–mb-colour-base-chicago-30);}.css-1mxvqtz a::before{bottom:0;content:”;display:block;left:0;opacity:0;overflow:hidden;position:absolute;right:0;text-indent:-999em;top:0;white-space:nowrap;z-index:1;}.css-1mxvqtz+.esimp700,.css-1mxvqtz+style+.esimp700{margin-top:0.5rem;}.e1p220na0 .css-1mxvqtz+.esimp700{margin-top:0;}

China’s alarming sex imbalance

By 2027 one in six young Chinese men won’t be able to find a partner

.css-1r8cil5{border-width:0;border-top:1px solid var(–mb-colour-greyscale-london-85);margin:1.5rem 0;margin:1.5rem 0 1.25rem;width:100%;}

Behind DeepSeek lies a dazzling Chinese university

It models itself on Stanford, and is in the tech hotspot of Hangzhou

.css-tmnt5q{font-family:var(–mb-typeface-serif);font-size:var(–mb-typestyle-title-2-size);font-variant:var(–mb-typestyle-title-2-figures);font-weight:500;line-height:var(–mb-typestyle-title-2-leading);}.css-tmnt5q a{-webkit-text-decoration:none;text-decoration:none;color:var(–mb-colour-greyscale-london-5);display:block;}.css-tmnt5q a:hover,.css-tmnt5q a:hover{color:var(–mb-colour-base-chicago-30);-webkit-text-decoration:underline;text-decoration:underline;}.css-tmnt5q a:focus,.css-tmnt5q a:focus{background-color:var(–mb-colour-base-chicago-95);color:var(–mb-colour-greyscale-london-5);outline:none;-webkit-text-decoration:underline;text-decoration:underline;}.css-tmnt5q a:active,.css-tmnt5q a:active{color:var(–mb-colour-base-chicago-30);}.css-tmnt5q a::before{bottom:0;content:”;display:block;left:0;opacity:0;overflow:hidden;position:absolute;right:0;text-indent:-999em;top:0;white-space:nowrap;z-index:1;}.css-tmnt5q+.esimp700,.css-tmnt5q+style+.esimp700{margin-top:0.25rem;}.e1p220na0 .css-tmnt5q+.esimp700{margin-top:0;}

Panama symbolises the Sino-American struggle for influence

The superpowers use soft and hard power

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Tensions with the West are fuelling China’s anxiety about food supplies

Grain pains are growing

Hail China’s new “ice-and-snow economy”

The country is betting on winter sports and tourism to boost growth in its rustbelt

.css-15mtz82{border-width:0;border-top:1px solid var(–mb-colour-greyscale-london-85);grid-area:line;margin:0;margin:1.5rem 0 1.25rem;margin:0;width:100%;display:block;}@media (min-width: 80rem){.css-15mtz82{display:none;}}.css-kph0pz{border-width:0;border-top:1px solid var(–mb-colour-greyscale-london-85);grid-area:line2;margin:0;margin:1.5rem 0 1.25rem;margin:0;width:100%;display:block;}@media (min-width: 60rem){.css-kph0pz{display:none;}}

Источник: www.economist.com