Will there be an American renaissance? The extraordinary rise of China appears to have stalled under President Xi’s rule, while the US shows signs of picking itself up again.
China exports fall again as economy struggles
Production reduction: China's growth rate has fallen from an annual figure of 8% to 3.2%. Glossary
Hardship - Difficult times in which you suffer.
Remnimbi - The official currency of China. The yuan is its basic unit.
Exports - Goods that are made in one country and then sold in another.
Tolerate - To put up with something unpleasant or annoying,
Cajoles - Persuades.
Deflation - Deflation occurs when prices fall. This is bad for the economy as people put off spending in the hope of prices falling further, causing a vicious cycle.