“When Commerce Secretary Gina Raimondo lands in Beijing for an expected visit next week she’s likely to hear an unprecedented request from her hosts: Help us with our struggling economy.
Raimondo’s long-anticipated visit coincides with a worsening downturn in China’s financial health marked by plunging exports and foreign investment as well as soaring youth unemployment. The latest data suggest that the once-unstoppable economic juggernaut has finally hit a serious pothole.
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— By PHELIM KINE and DOUG PALMER, writing for 'Politico'
