China needs to step up as the world economy shows more signs of growing duress. Global supply chain shortages, rising world energy prices, lingering Covid-19 uncertainties and ebbing economic confidence are adding weight to the notion of economic slowdown ahead.China also has to face the challenge of potential market disruption on the home front, ready to contain any fallout from Evergrande’s debt saga. Critically, Beijing must be quick to stop the slowdown turning into a bigger rout. It’s the…
