"10 Trillion In Debt" - China Suffers Steepest Decline In 9 Years As Economy Enters SLOW DOWN CYCLE!

Chinese economy slowed to 4.7% growth in the second quarter, missing forecasts and down from the first quarter's 5.3%. This slowdown is due to weak consumer demand, a property downturn, job insecurity, and declining global demand for exports. The government is under pressure to support the economy amid these challenges.