News coming out of China are terrible right now. Should people be worried?

So I have a subscription to WSJ, and it seems like there have been tons of negative news about China in the past few weeks:

China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn

https://web.archive.org/web/20230817210543/https://www.wsj.com/world/china/china-slashes-rates-suspends-youth-jobless-data-as-economy-signals-sharper-downturn-418301d6

China’s Economic—and Social—Contract Is Fraying

https://www.wsj.com/articles/chinas-economicand-socialcontract-is-fraying-70f03f44?st=uw2dclzmpzorkj5&reflink=desktopwebshare_permalink

China Slips Into Deflation in Warning Sign for World Economy

https://www.wsj.com/articles/china-slips-into-deflation-in-warning-sign-for-world-economy-bbefb179?st=9t11nwkodk8gdl0&reflink=desktopwebshare_permalink

China’s Deepening Housing Problems Spook Investors

https://web.archive.org/web/20230817155216/https://www.wsj.com/articles/chinas-deepening-housing-problems-spook-investors-72022c81

Is the recent market decline related to this? Could this be a repeat of the early 2020 COVID situation where people in China knew something big was happening but the rest of the world ignored the warning?

Submitted August 18, 2023 at 12:41AM by drunkgarden https://ift.tt/hy1SQmM