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
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.
Investment - When you put money into a project or idea in the hope it will be successful in the future.
Infrastructure - The basic systems and services that a country needs to keep it going.
Clout - Influence or power.
Autocratic - Relating to a ruler with total power.
Technocrats - People with technical training who have power and influence in society or politics.
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.
Taiwan - An island country in east Asia. China still claims to be the legitimate owner of Taiwan, while the Taiwanese government until recently claimed to be the legitimate government of the whole of China.