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What's wrong with the chinese economy?
China is going through a series of crises, and it's not 1 or 2 but 3 crises occurring together, which are the real estate crisis, the banking crisis and now a credit crisis!!! Five banks have already crashed, Small and medium-sized companies (SMEs) that make up a large part of the manufacturing and industrial sectors and contribute around 60% of GDP are struggling for cash, and the Chinese economy in general hit meagre 2.99% per cent growth in the fy2022!!! The question is, In spite of such ...
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China is going through a series of crises, and it's not 1 or 2 but 3 crises occurring together, which are the real estate crisis, the banking crisis and now a credit crisis!!! Five banks have already crashed, Small and medium-sized companies (SMEs) that make up a large part of the manufacturing and industrial sectors and contribute around 60% of GDP are struggling for cash, and the Chinese economy in general hit meagre 2.99% per cent growth in the fy2022!!! The question is, In spite of such ...