Tag: China’s economy

Chinese Economy Getting Worse In 2024: for china year 2023 The biggest bad news was its declining economy. The country’s economy is struggling to recover from the impact of the COVID-19 shutdown and long-standing structural problems have become impossible to ignore. The economic data has been troubling throughout the year and there is no improvement in it. An article in Foreign Policy states that foreign investment has declined and capital outflow has increased rapidly. Although job numbers have recovered somewhat on paper, official figures are highly unreliable, and the picture…