China's Financial Hurricane: Is the U.S. Prepared for the Rain?

China's economy, responsible for about 18.2% of the world's total economic output, has faced difficulties in picking up speed since late 2022 when it dealt with the aftermath of the pandemic. Although the Gross Domestic Product (GDP) showed a 5.5% increase in the first half of 2023, signs point to a weaker recovery than expected.

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China's Financial Hurricane: Is the U.S. Prepared for the Rain?