Rising Concerns Over China's Property Debt | Wion Business News | World News
Rising Concerns Over China's Property Debt | Wion Business News | World News
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@Wvavy Says:
Average weak and poor chinese who are 1 billion homeless and in Shambles 😂
@ArabicReja973 Says:
Chinese 🇨🇳 property sector, which accounts for 30% of GDP, is crashing. - Exports and imports, accounting for 37% GDP, are down. - Foreign investment (FDI) is falling over 90%, lowest in 3 decades. - Foreign visitors are down 96% compared to the 2019 pre-pandemic level. - Consumer prices are experiencing deflation. - Youth unemployment hits over 21%, a record. - Its fast-shrinking workforce is 10 years older than neighboring countries. *Still, China keeps reporting outrageous GDP numbers.* Lol Where does the growth come from?

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