Hong Kong (CNN Business)Companies and executives around the world are desperately trying to gauge the severity of China’s economic slowdown. But getting a clear picture is very difficult.
How bad is China’s economic slump? It’s impossible to tell
Growth in the world’s second-biggest economy cooled last year to its lowest level in almost three decades, according to government data. Top global brands including Apple ( and )Caterpillar ( have blamed weakness in China for their disappointing earnings. )
The situation could be even bleaker than China’s official statistics suggest, according to many analysts.