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…
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China GDP At 3 Percent Which Is Second Most Low Level Of Last 50 Years
China GDP: Last year corona virus China’s economic growth rate has come down to three percent in 2022 due to the restrictions imposed to deal with it, the slowdown in the real estate sector. This is the second slowest growth in the world’s second largest economy in 50 years. This information has been received from the official data released on Tuesday. China’s economic growth rate to decline to 3% in 2022, second lowest in 50 years According to data from the National Bureau of Statistics, China’s GDP in 2022 stood…
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