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China's Economy is Collapsing - Shadow Banking Crisis
China's largest real estate developer, Country Garden, has fallen to the sixth position within the country. As a reminder, the government implemented lockdowns nationwide that were so stringent that many residents found themselves physically confined to their homes without access to food. The unemployment rate among its young adults has reached catastrophic levels, and official data on these figures has ceased to be reported. It appears that China is adhering closely to the principles of Sun Tzu's "The Art of War," particularly the concept of "Appear weak when you are strong, and strong when you are weak." How much longer does the country have before it experiences a full economic collapse?
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#china #finance #ccp #stockexchange #realestate #ucla #economy #bubble #debt #deflation #stocks
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