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Short-term macro policies and medium-term structural changes are urgently needed to restore confidence
Since high debt and a weakening property market will limit any stimulus, structural measures are needed
First fall in debt-to-GDP ratio since 2011 as corporate liabilities decline
Leadership under pressure as growth continues to grind down and debt piles up
Incremental changes may be insufficient to revitalise state groups
Analysts discuss next likely move from People’s Bank of China
Even a hard landing would not cause the meltdown that some fear
International Edition