China's Economic Crisis Is Nowhere Near Done...
China's economy is slowing, with annualized GDP growth falling to 0.4% for April–June 2022, its second lowest level since 1992. Economic recovery is being hampered by the combined effects of COVID and a falling property market.
The economy is in full crisis mode, nearing a collapse in the modern day. The mortgage crisis is getting worse, with the Government facing bankruptcy and protestors filling the streets.
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