

News: China Now Facing Economic Crisis: What Does It Mean For US?
Aug 17, 2023
Discussion on China's economic crisis and its potential impact on the global and US economies, focusing on the disappointing reopening of China's economy, crashing property market, and sputtering manufacturing sector. Explanations on the rising unemployment rate in China and its impact on the manufacturing sector. Exploring the consequences of the economic crisis on the US and Chinese economies, with a focus on the decrease in US consumers' purchasing power and its effects on demand for Chinese goods.
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