NPR

“I think that China will actually feel more pain” than the U.S., Zarit said last month. “Its economy right now is in a soft spot. Investment is down. Consumption is down. Export growth is down. But … the Chinese Party and the government control the media as well as a good bit of the economy. So I think that if there were something that kept on going for a long time that they would be able to muddle through.”