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2023-09-06 17:12:19
As China prepares to celebrate, this Thursday, September 7, 2023, the tenth anniversary of the launch of its pharaonic project of the “new silk roads”, the threats hovering over its economy are more and more numerous. The two engines of Chinese growth – exports and real estate – are now at a standstill. Youth unemployment is exploding, exceeding 20%. And the country entered deflation this summer (2023). Why such a series of alarming signals? Does this situation bode well for preventing China from becoming the future world’s leading economic power? How can the country recover?
#Economy #Chinese #dynamic #stopped