Over the past decades, the Chinese economy has been growing, at breakneck speed, largely fueled by tremendous export volumes, massive debt, and over-reliance on the real-estate sector. Now, manufacturing is suffering under ongoing coronavirus lockdowns, energy shortages, and supply-chain disruptions. The debt bubble seems about to burst, and the real-estate industry will be the first casualty, with ripples eventually being felt throughout China and the rest of the world.

A pioneering new survey of public opinion in 34 countries across the continent suggests that the relatively high average growth in gross domestic product (GDP) reported in recent years is not reflected in the experiences of most citizens. An average of one in five Africans still often goes without food, clean water or medical care. Only one in three think economic conditions in their country are good. Fifty-three percent say they are "fairly bad" or "very bad".